Citi Increases Target Price for CHINA COAL to HKD10.7; Maintains Neutral Rating
Citi's Forecast Update: Citi has raised its earnings forecasts for CHINA COAL (01898.HK) for 2025-2027 by 28%, 39%, and 32%, projecting earnings of RMB16.2 billion, RMB15.2 billion, and RMB13.8 billion respectively.
Target Price Adjustment: The target price for CHINA COAL has been increased from HKD8.6 to HKD10.7, while maintaining a Neutral rating on the stock.
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China's Commercial Coal Production and Sales Decrease by 1.8% and 10.2% Year-on-Year Last Year
Coal Production and Sales Decline: In 2025, China Coal's commercial coal production decreased by 1.8% year-over-year to 135 million tons, while sales dropped by 10.2% to 256 million tons.
Self-Produced Coal Sales: The sales of self-produced commercial coal also saw a slight decline of 0.9% year-over-year, totaling 136 million tons.
CHINA COAL Suggests New Executive Director and President Appointment
Board Recommendation: The Board of CHINA COAL has recommended the appointment of Gao Shigang as the executive director, pending shareholder approval.
Appointment Details: Gao will also serve as the president, with his term starting from the Board's approval until the new senior management is appointed.
Gao's Background: He is currently the Deputy Secretary of the Party Committee and General Manager of China National Coal Group Corporation, bringing extensive experience in the coal industry.
Market Information: The stock quote for CHINA COAL is delayed by at least 15 minutes, with short selling data indicating a significant amount of short interest.
Citi Increases Target Price for CHINA COAL to HKD10.7; Maintains Neutral Rating
Citi's Forecast Update: Citi has raised its earnings forecasts for CHINA COAL (01898.HK) for 2025-2027 by 28%, 39%, and 32%, projecting earnings of RMB16.2 billion, RMB15.2 billion, and RMB13.8 billion respectively.
Target Price Adjustment: The target price for CHINA COAL has been increased from HKD8.6 to HKD10.7, while maintaining a Neutral rating on the stock.
China's November Commercial Coal Production and Sales Volumes Decrease by 7.4% and 15.7% Year-on-Year
Production Decline: CHINA COAL reported a 7.4% year-over-year decrease in commercial coal production, totaling 11.17 million tons in November 2025.
Sales Volume Drop: The company's commercial coal sales volume fell by 15.7% year-over-year, amounting to 21.74 million tons, with self-produced sales down by 5.2% to 11.67 million tons.
<Daily Summary> HSI Ends at 25,935, Decreasing by 16 Points; HSTI Finishes at 5,785, Down 32 Points; TINGYI Rises Over 4%; MTR CORPORATION, CHINA EAST AIR, ZOOMLION, CHINA COAL, and CHINA SUNTIEN Reach New Peaks; Market Turnover Increases
Market Performance: The Hang Seng Index (HSI) fell by 16 points (0.1%) to close at 25,935, while the Hang Seng Tech Index (HSTI) dropped 32 points (0.6%) to 5,785, with a total market turnover of $238.82 billion.
Active Heavyweights: Notable movements included Meituan rising by 1.3% to $101.2, while Ping An and HKEX saw declines of 0.968% and 0.470%, respectively.
Constituents on the Move: Tingyi experienced a significant increase of 4.3% to $11.86, while New Oriental fell by 3.2% to $44.42, reflecting varied performance among HSI and HSCEI constituents.
Noteworthy Stocks: Transthera-B surged by 26.3% to $228.6, and China East Air rose by 4.6% to $4.35, both hitting new highs, while Hao Tian International dropped by 10.6% to $0.178.
CHINA COAL Reports 14.6% Year-on-Year Decline in NP Attributable to Shareholders for 1-3Q25
Operational Revenue Decline: China Coal reported a 23.8% year-over-year decrease in operational revenue for Q3 2025, totaling RMB36.148 billion.
Net Profit Slight Drop: The net profit attributable to shareholders fell by 1% year-over-year to RMB4.78 billion, with a basic earnings per share (EPS) of RMB0.36.
Short Selling Activity: The company experienced short selling amounting to $49.64 million, with a short selling ratio of 11.930%.
Stock Performance: China Coal's stock price increased by 1.001%, closing at +0.110.
China's Commercial Coal Production and Sales Decrease by 1.8% and 10.2% Year-on-Year Last Year
Coal Production and Sales Decline: In 2025, China Coal's commercial coal production decreased by 1.8% year-over-year to 135 million tons, while sales dropped by 10.2% to 256 million tons.
Self-Produced Coal Sales: The sales of self-produced commercial coal also saw a slight decline of 0.9% year-over-year, totaling 136 million tons.
CHINA COAL Suggests New Executive Director and President Appointment
Board Recommendation: The Board of CHINA COAL has recommended the appointment of Gao Shigang as the executive director, pending shareholder approval.
Appointment Details: Gao will also serve as the president, with his term starting from the Board's approval until the new senior management is appointed.
Gao's Background: He is currently the Deputy Secretary of the Party Committee and General Manager of China National Coal Group Corporation, bringing extensive experience in the coal industry.
Market Information: The stock quote for CHINA COAL is delayed by at least 15 minutes, with short selling data indicating a significant amount of short interest.
Citi Increases Target Price for CHINA COAL to HKD10.7; Maintains Neutral Rating
Citi's Forecast Update: Citi has raised its earnings forecasts for CHINA COAL (01898.HK) for 2025-2027 by 28%, 39%, and 32%, projecting earnings of RMB16.2 billion, RMB15.2 billion, and RMB13.8 billion respectively.
Target Price Adjustment: The target price for CHINA COAL has been increased from HKD8.6 to HKD10.7, while maintaining a Neutral rating on the stock.
China's November Commercial Coal Production and Sales Volumes Decrease by 7.4% and 15.7% Year-on-Year
Production Decline: CHINA COAL reported a 7.4% year-over-year decrease in commercial coal production, totaling 11.17 million tons in November 2025.
Sales Volume Drop: The company's commercial coal sales volume fell by 15.7% year-over-year, amounting to 21.74 million tons, with self-produced sales down by 5.2% to 11.67 million tons.
<Daily Summary> HSI Ends at 25,935, Decreasing by 16 Points; HSTI Finishes at 5,785, Down 32 Points; TINGYI Rises Over 4%; MTR CORPORATION, CHINA EAST AIR, ZOOMLION, CHINA COAL, and CHINA SUNTIEN Reach New Peaks; Market Turnover Increases
Market Performance: The Hang Seng Index (HSI) fell by 16 points (0.1%) to close at 25,935, while the Hang Seng Tech Index (HSTI) dropped 32 points (0.6%) to 5,785, with a total market turnover of $238.82 billion.
Active Heavyweights: Notable movements included Meituan rising by 1.3% to $101.2, while Ping An and HKEX saw declines of 0.968% and 0.470%, respectively.
Constituents on the Move: Tingyi experienced a significant increase of 4.3% to $11.86, while New Oriental fell by 3.2% to $44.42, reflecting varied performance among HSI and HSCEI constituents.
Noteworthy Stocks: Transthera-B surged by 26.3% to $228.6, and China East Air rose by 4.6% to $4.35, both hitting new highs, while Hao Tian International dropped by 10.6% to $0.178.
CHINA COAL Reports 14.6% Year-on-Year Decline in NP Attributable to Shareholders for 1-3Q25
Operational Revenue Decline: China Coal reported a 23.8% year-over-year decrease in operational revenue for Q3 2025, totaling RMB36.148 billion.
Net Profit Slight Drop: The net profit attributable to shareholders fell by 1% year-over-year to RMB4.78 billion, with a basic earnings per share (EPS) of RMB0.36.
Short Selling Activity: The company experienced short selling amounting to $49.64 million, with a short selling ratio of 11.930%.
Stock Performance: China Coal's stock price increased by 1.001%, closing at +0.110.
