Debon Securities: 24Q1 coal industry fund holdings increased slightly month-on-month, low allocations expanded month-on-month
In Q1 2024, the coal industry had excellent market performance, outperforming the Shanghai Composite Index by a large margin. It had both excess and absolute returns, and ranked third in the growth rate of Shenwan's Tier 1 industry.
Debon Securities: Coal supply declined in March, focus on the pace of subsequent economic recovery
Steady economic recovery and large-scale equipment upgrades are expected to support coal demand.
China to Establish Coal Capacity Reserve System by 2027
China vowed to set up a coal capacity reserve system by 2027, aiming to secure energy security through more flexible coal supplies, according to plans the country released Friday.
Guotai Junan: Coking coal prices may reach the bottom zone in 24 years, and there is a possibility of a “V” reversal
After experiencing 7 rounds of price cuts, the profits of independent coking companies across the country according to MySteel have dropped to -155 yuan/ton. Many companies have been forced to limit production by smoldering, and the resistance to continued steel price cuts is strong. It is expected that coke prices will basically reach the bottom.
华泰证券:煤炭供应或仍保持一定韧性 淡季需求将考验煤价支撑
在淡季需求的环境下,当前已处于高位的库存或进一步面临去库压力,整体供需趋宽松,煤价支撑偏薄弱。
Silk Road Energy (08250) plans to acquire meat cutters, refrigeration storage equipment, etc. for 5.633,700 yuan
Silk Road Energy (08250) issued an announcement. On March 22, 2024, the seller (Shenzhen Lejia Fresh Meat Co., Ltd....
Silk Road Energy (08250.HK) signed an equipment purchase agreement with Shenzhen Lejia Fresh Meat Industry
Gelonghui March 22丨Silk Road Energy (08250.HK) announced that on March 22, 2024, the seller Shenzhen Lejia Fresh Meat Co., Ltd. and the buyer Dudu Fresh Meat (Shenzhen) Co., Ltd. (an indirect wholly-owned subsidiary of the company) signed an equipment purchase agreement. According to this, according to the terms of the equipment purchase agreement, the seller agreed to sell and the buyer agreed to buy the equipment.” Equipment” equipment, including meat slicers, refrigerated storage equipment, delivery vans, and other related equipment. The Group has been actively seeking business opportunities with high growth potential. After being engaged in fresh products trading business for the past two years, the Group has established itself well in the industry
Silk Road Energy (08250.HK) plans to sell 100% of the shares in Ordos Taipu Mining Project
Gelonghui, March 12, 丨 Silk Road Energy (08250.HK) announced that on March 12, 2024, the seller Shenzhen Jinquan Consulting Co., Ltd. (an indirect wholly-owned subsidiary of the company) entered into an equity transfer agreement with the buyer Fei Vietnam Trading (Shenzhen) Co., Ltd., according to the terms of the share transfer agreement, the seller conditionally agreed to sell and the buyer conditionally agreed to acquire 100% of the shares of the target company Ordos Taipu Mining Engineering Co., Ltd. After reviewing the target company's business performance and prospects, in view of the fierce competition in the coal mining and construction services market, the board of directors believes that the sale was to streamline its core business
Debon Securities: “Gold, Three, Silver, Four” peak season is approaching and coal prices are fluctuating
Debon Securities released a research report saying that safety production in coal mines has now become a national priority. Safety inspections are expected to remain at high pressure, capacity utilization is constrained, and supply contraction expectations are strengthened.
Cathay Pacific Junan: The reshaping of coal valuations for “stable high-dividend” assets may have just begun
Safety regulations are getting stricter, and coal supply is shrinking or exceeding expectations
Huatai Securities: Production in Shanxi may be difficult to increase in 2024 to support coking coal prices
As the main producer of coking coal in the country, Shanxi has had a big impact on coking coal supply. The bank is optimistic about coking coal prices this year.
We Believe Silk Road Energy Services Group's (HKG:8250) Earnings Are A Poor Guide For Its Profitability
Silk Road Energy Services Group Limited (HKG:8250) recently released a strong earnings report, and the market responded by raising the share price. However, we think that shareholders should be aware
SILK RD ENERGY: Interim Report 2023/2024
Silk Road Energy (08250.HK)'s medium-term revenue of approximately HK$2,908 billion increased by about 20% year-on-year
Gelonghui, Feb. 6 | Silk Road Energy (08250.HK) announced that for the six months ended 31 December 2023, the Group recorded revenue of approximately HK$2,908 billion, an increase of about 20% over the same period in 2022. The increase in earnings mainly comes from the fresh agricultural products trading business. The increase in gross profit and gross margin was mainly due to improved performance in the business of providing coal mining services and construction services, and fresh agricultural products and agricultural products trading business. Losses attributable to company owners were reduced by HK$9.8 million to approximately HK$6.4 million during the period. Loss per share was HK1.71 cents.
SILK RD ENERGY: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 31 DECEMBER 2023
Guoxin Securities: The boom in the coal industry is expected to continue under the support of supply-side structural reforms and the long-term bargaining system
Guoxin Securities released a research report stating that coal is China's basic energy product. Under policy regulation, safe supply and flexible supply are achieved, coal for people's livelihood is guaranteed through the long-term cooperation price mechanism, and price fluctuations are calmed down. Supported by supply-side structural reforms and a long-term bargaining system, the boom in the coal industry is expected to continue. The price of coal is stable. Major coal companies operate steadily, their dividends have increased, their investment value is prominent, and they maintain the industry's “overrated” rating.
Guojin Securities: The high dividend market of coal continues to be “deterministic” to drive sector valuation reshaping
Guojin Securities released a research report saying that the 2021-10M24 coal sector index is strongly correlated with coal prices, and several rounds of the market essentially stem from performance growth expectations brought about by rising coal prices.
絲路能源:董事會召開日期
Debon Securities Coal Industry Fund Position Analysis: Increased allocation but still low dividend advantage highlights that there is still room to increase holdings
Debon Securities released a research report saying that according to Wind data, the coal industry allocation ratio continued to rise in the fourth quarter of 2023. After excluding Hong Kong stocks, coal stocks accounted for 1.21% of the market value of heavy public fund holdings, an increase of 0.3 pct over the previous month, but the allocation was still 0.75 pct lower.
Huatai Securities: The coal market may run smoothly before supply and demand weaken
The Zhitong Finance App learned that Huatai Securities released a research report saying that as the Spring Festival approaches, some coal mine holidays may drive supply tightening in production areas, but industrial production intensity will also gradually weaken, and power plant inventories are high and there is no need for strong storage. The bank expects the coal market to operate smoothly before the holiday season due to weak supply and demand.
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