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Express News | Stabilizing supply and demand, the coal industry is expected to rebound from the bottom.
Express News | Citic Securities: The coal sector may enter a new round of short-term rebound.
huili res (01303.HK) appoints Xian Liwen as the company secretary.
On October 31, Gelunhui announced that Mr. Qiu Kangjun has resigned as the company's Chief Financial Officer and Company Secretary, and no longer serves as the authorized representative. Following Mr. Qiu's resignation, the board of directors also gladly announced that Mr. Xian Liwen has been appointed as the Company Secretary and authorized representative, both effective from November 1, 2024.
The overall net profit of the top three coal 'four heavenly kings' declined in the first three quarters, while the net profit of 'number one brother' Shenhua doubled quarter-on-quarter in Q3. | Interpretations
① Due to the downward impact of coal prices, the performance of coal listed companies in the first three quarters generally declined, but there was differentiation in Q3 performance; ② The industry generally believes that after bottoming out, the future trend of coal prices is expected to rebound, but the extent of the increase is limited.
Morgan Stanley fund: What is the logic behind the coal rebound?
Morgan Stanley fund published an article stating that since late September, various national ministries and commissions have intensively proposed a series of measures to expand the mmf, stabilize the stock market, and support the real estate market, greatly boosting market confidence.
huili res (01303.HK) received an off-market shareholding of 85.82 million common shares by Wong Ching Chung, worth approximately 38.619 million Hong Kong dollars.
Reported on October 17, according to the documents disclosed by the Hong Kong Stock Exchange on October 17, Wong Cheng Chung increased his off-market shareholding of Huili Res (01303.HK) by an average price of 0.45 Hong Kong dollars per share on October 10, acquiring a total of 85.82 million ordinary shares, worth approximately 38.619 million Hong Kong dollars. After the increase, Wong Cheng Chung's latest shareholding amount is 0.242 billion shares, and his stake ratio has increased from 7.76% to 11.53%. Additional information: The company allotted and issued 85,819,957 Shares to
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