On July 2, China Coal Energy (01898.HK) rose 3.13% in regular trading, trading at HK$9.82/share, with turnover of HK$47.01 million.

On the news front, multiple brokerages recently issued bullish calls on the coal sector's peak season opportunity. Cinda Securities noted that while coal prices face short-term pressure from hydropower output and easing geopolitical tensions, the July-August peak season rally remains promising, recommending investors focus on allocation opportunities after the sector's full correction. Orient Securities maintained that coal industry fundamentals remain intact, with recent declines primarily driven by short-term oil price and shipping cost adjustments. China Merchants Securities added that if temperatures rise rapidly in July, boosting power plant daily consumption, coal prices could resume their upward trajectory.

The stock had previously undergone a significant correction from its highs, declining over 16% in a single week in mid-June. With July marking the critical peak summer cooling demand window, market willingness for an oversold rebound has strengthened. Additionally, July 2 is the ex-dividend date for the company's final dividend of RMB 0.217 per share.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)