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Haitong Securities: 24Q1 performance is under pressure, coal may still fluctuate and adjust in the short term
Currently, the prices of thermal coal and coking coal have both entered the bottom fluctuation range, but the upward trend is yet to be further boosted by the demand side.
Grand Ocean Advanced Resources Reports Valuation of Stake in Laos Copper Mine
Grand Ocean Advanced Resources (HKG:0065) said the market value of its 51% equity interest in Lao-China International Mining Sole, which holds a 51% stake in a copper mine in Ban Ao Village, Laos, was
Tianfeng International: What are the future expectations of the coal price increase industry?
Regarding the recent month-on-month rise in thermal coal prices, it is mostly due to supply-side contraction. Coking companies have maintained a strategy of low inventory for a long time. Currently, coking coal stocks are at their lowest level in nearly 5 years.
Guojin Securities: The first rise in coal prices in the beginning of the year is expected to pull back slightly in May after the off-season catalyzed by port storage
After the off-season coal prices fell under pressure in March-April, coal prices in the port market are expected to bottom out in May, but the increase is limited. Judging from the 1-2 M24 coal price fluctuation experience, whether the port can successfully go to storage is an important condition for whether market coal prices can recover after the off-season.
Trending Stocks Today: GRAND OCEAN AR Soars 47.16%
May 2nd - Hong Kong stocks trending now:Gainers: $GRAND OCEAN AR(00065.HK)$ surges 47.16% to HK$0.16 with a turnover of HK$60.97 million. $SENSETIME-W(00020.HK)$ shoots up 31.14% to HK$1.6 with a turn
Changes in Hong Kong stocks | Honghai Hi-Tech Resources (00065) rebounded by more than 45% and plummeted by more than 80% at the end of the previous trading day. The company confirmed that it did not know what caused the stock price fluctuation
Honghai Hi-Tech Resources (00065) crashed and plummeted at the end of the last trading day, closing down 81% on the same day. The stock rebounded more than 45% in early trading. As of press time, it had risen 32.08% to HK$0.14, with a turnover of HK$145.325 million.
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