Hong Kong Coal Stocks Rally: CHINA SHENHUA Surges 6% to Record High, Analysts Bullish on Q4 Rebound

Deep News
Yesterday

Hong Kong-listed coal stocks saw broad gains in early trading, with CHINA SHENHUA (01088.HK) jumping as much as 6% to hit a fresh all-time high. Other notable gainers included Yancoal Australia (03668.HK), up 3.8%, and China Coal Energy (01898.HK) as well as Lilaite Development (01277.HK), both rising over 2%.

Analysts from Guotai Junan Securities noted that the coal sector had bottomed out in Q2 2025, with supply-demand dynamics showing clear signs of reversal after full risk release. Since the rally began on September 15, thermal coal prices have exceeded 770 yuan/ton as of last Friday, surpassing expectations due to multiple favorable factors.

Guosen Securities added that while coal companies faced profit pressures amid earlier price declines through mid-2024, the sector is poised for recovery. With coal prices rebounding in H2 2025 and expected upward momentum in Q4, coupled with the sector's current undervaluation relative to broader market gains, analysts anticipate a strong coal stock rebound this quarter.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10