On October 9, CHINA COAL rose 3.09% in regular trading, trading at HKD 10.67/share, with Turnover of HKD 145 million.
The move came as the coal sector gained broadly, supported by multiple catalysts. After the National Day holiday, northern China entered the winter restocking phase, with phased concentrated procurement expected to drive demand recovery and support coal prices. Domestic supply constraints continued to take effect, with various coal prices gradually hitting new highs for the year. Overseas, India's power plant coal inventories approached their lowest level in five years, while Indonesia's monthly export volume hit a five-year low, reinforcing international coal price support.
Within the Coal & Consumable Fuels sector, KINETIC DEV gained 3.47%, YANKUANG ENERGY rose 1.80%, CHINA SHENHUA advanced 1.34%, YANCOAL AUS edged up 0.13%, while CGN MINING slipped 0.24%.
China Coal Energy Company Limited is engaged in the production and sales of coal, coal chemical products, and coal mining equipment. The company operates through five segments: Coal, Coal Chemical, Coal Mining Equipment, Finance, and Other segments including power generation, aluminum processing, equipment import, bidding services, and railway transportation.
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