A-share coal stocks mostly rose, Zhengzhou Coal and Electricity hit the daily limit, Hao Hua Energy up more than 6%

Gelonghui March 13 | Most coal stocks in the A-share market rose, with Zhengzhou Coal & Electricity hitting the daily limit, Haohua Energy up over 6%, Jinneng Technology and Shaanxi Black Cat up over 3%, and Orchid Scientific Innovation up nearly 3%. According to reports, Changjiang Securities estimates that if the Strait of Hormuz is blocked for a long period, global coal demand for electricity could increase by 84.86 million tons annually; if China’s coal chemical plants operate at full capacity, this alone could drive domestic coal consumption by nearly 50 million tons.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments