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Nan Nan Res (01229.HK) held a board of directors meeting on November 20 to consider and approve the mid-term performance.
Glory Times reported on November 8th that nan nan res (01229.HK) announced that the board of directors will hold a meeting on November 20, 2024 (Wednesday) to consider and approve the unaudited interim performance of the company and its subsidiaries for the six months ended September 30, 2024, and to consider declaring, recommending, or paying dividends (if any).
NAN NAN RES: DATE OF BOARD MEETING
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.
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.
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