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Coal, property rallies fail to shore up index

Hong Kong stocks closed an up-and-down day marginally lower Thursday, despite gains in the coal and property sectors. The Hang Seng Index hit a two-year high in the morning but retreated soon after to ...More

EJ Insight2013-11-28

HSI up 2.9% for the week, led by insurance plays

Hong Kong's benchmark index climbed 115 points or 0.49 percent on Friday to finish at 23,698 points, taking the cue from the US markets where the Dow Jones Index closed above 16,000 points for the fir ...More

EJ Insight2013-11-22

Shenhua raises thermal coal prices, paper says

China Shenhua Energy Co. Ltd (01088.HK, 601088.CN) has raised the price of most types of thermal coal by 16 yuan (US$2.63) per metric ton for the seven days to Nov. 27 compared with the preceding week ...More

EJ Insight2013-11-22

Hong Kong, Shanghai take cue from US rally

Hong Kong and mainland equities rallied Friday after US stock markets hit record intraday highs overnight. The benchmark Hang Seng Index surged 1.7 percent to 23,032 points and the Hang Seng China Ent ...More

EJ Insight2013-11-15

Shenhua to buy 1 bln tons of Mongolian coal, Bloomberg says

Three companies that mine coal in Mongolia's Tavan Tolgoi basin have agreed to export 1 billion tons of the resource to China Shenhua Group in the next 20 years, Bloomberg News reported Wednesday, cit ...More

EJ Insight2013-10-30

HSI falls further, taking weekly loss to 2.7%

Hong Kong shares notched a fourth straight day of losses Friday, causing the benchmark Hang Seng Index to shed 2.7 percent for the week. The index ended at 22,698 points, down 137 points or 0.6 percen ...More

EJ Insight2013-10-25

Sino-Japanese coal price talks begin as exports fall, paper says

Annual Sino-Japanese price talks on China’s thermal coal exports to Japan have begun, with no specific deadlines for an outcome, the 21st Century Business Herald reported Friday, citing sources from a ...More

EJ Insight2013-10-25

Shenhua Energy sees lower profit after tariff cut, filing says

China Shenhua Energy Co. Ltd (01088.HK, 601088.CN) expects its annual pre-tax profit to fall by about 610 million yuan (US$100.27 million) after a cut in on-grid tariff from its coal-fired plants, it ...More

EJ Insight2013-10-24

Coal plays fly high on price rebound

Coal plays surged on Thursday afternoon following a rebound in coal prices after a prolonged decline. China Shenhua Energy (01088.HK), Yanzhou Coal Mining (01171.HK) and China Coal Energy (01898.HK) a ...More

EJ Insight2013-10-17

The Big Picture: FRAGILE REBOUND

A slew of economic data was released on Monday, sending mixed signals to investors about the strength of China's economic recovery. The consumer price index accelerated at a more-than-expected 3.1 per ...More

EJ Insight2013-10-15

Shenhua Energy cancels favorable pricing, paper says

China Shenhua Energy Co. Ltd. (01088.HK, 601088.CN) has stopped using the lowest monthly coal price in its pricing mechanism, National Business Daily reported Wednesday. The move is tantamount to a pr ...More

EJ Insight2013-10-09

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