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HKG:1898

7 stories mentioning HKG:1898Updated 11d ago

Every FINWIRES story that references HKG:1898, newest first.

Asia

Market Chatter: SOEs Roll Out Buybacks, Dividend Pledges to Boost Capital Market Confidence

Chinese state-owned enterprises disclosed share buybacks, stake increases and dividend commitments to reinforce investor confidence in the country's capital markets, state media Xinhua News reported Monday.Chinalco, China Coal (HKG:1898, SHA:601898), and CRRC (HKG:1766, SHA:601766) unveiled A-share and H-share purchase plans of up to 2 billion yuan, 100 million yuan and 300 million yuan, respectively.China Pacific Insurance (SHA:601601, HKG:2601) pledged higher equity allocations, while China Shenhua (SHA:601088, HKG:1088) committed to sustained interim dividends in 2026.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSEHKG:1088HKG:1766HKG:1898HKG:2601SHA:601088SHA:601601SHA:601766SHA:601898
Asia

China Markets Rally on Coordinated SOE Action

Chinese shares closed higher on Tuesday amid a wave of of state-owned enterprises' share buyback and stake-increase announcementsThe Shanghai Composite Index, the main gauge of Chinese stocks, closed 1.8% higher to 3,864.37. The Shenzhen Component Index jumped 4.8% to 14,264.29.Several Chinese state-owned enterprises disclosed share buybacks, stake increases and dividend payouts to reinforce confidence in the country's capital market, state media Xinhua News reported.Chinalco, China Coal (HKG:1898, SHA:601898), and CRRC (HKG:1766, SHA:601766) unveiled A-share and H-share purchase plans of up to 2 billion yuan, 100 million yuan and 300 million yuan, respectively.China Pacific Insurance (SHA:601601, HKG:2601) pledged higher equity allocations, while China Shenhua (SHA:601088, HKG:1088) committed to sustained interim dividends in 2026.In company news, Dosilicon (SHA:688110) projected first-half attributable net profit of between 640 million yuan and 680 million yuan, compared with loss of 111.0 million yuan the previous year. Shares of the memory chips producer closed 20% higher Tuesday.

Shanghai Composite^SZSEHKG:1766HKG:1898HKG:2601SHA:601601SHA:601766SHA:601898SHA:688110
Equities

China Coal Energy's Sales, Output Drop in June

China Coal Energy (HKG:1898, SHA:601898) sales volume of commercial coal slipped 0.8% year over year in June to 21.5 million tonnes, from 21.7 million tonnes according to a Wednesday filing with the Hong Kong bourse.The coal mining group's production for the month also declined 0.8%.

HKG:1898SHA:601898
Asia

China Coal Energy's Sales Rise Slightly, Output Drops in May

China Coal Energy (HKG:1898, SHA:601898) sales volume of commercial coal rose 0.4% year over year in May, according to a Monday filing with the Hong Kong bourse.The coal mining group's production for the month declined 9.2%.

HKG:1898SHA:601898
Asia

China Coal Energy's Sales, Output Slide in April

Coal mining group China Coal Energy (HKG:1898, SHA:601898) recorded year-over-year declines in its coal operations in April.Sales volume of commercial coal fell 3.2% over the period, while production declined 9.3%, according to a Thursday filing on the Hong Kong bourse.

HKG:1898SHA:601898
Asia

China Coal Energy's Profit Slips 3.2% in Q1

China Coal Energy (HKG:1898, SHA:601898) recorded a 3.2% decline in attributable profit in the first quarter of 2026 to 3.84 billion yuan from 3.98 billion yuan after adjustment a year prior, according to a Monday Hong Kong bourse filing.Earnings per share slipped to 0.29 yuan from 0.30 yuan in the corresponding period of the previous fiscal year.The coal producer's operational revenue slid 11% to 34.2 billion yuan from 38.4 billion yuan in the year-ago period.Commercial coal output and sales slipped 9.5% and 13% year over year to 30.2 million tons and 56 million tons, respectively, in the first quarter.

HKG:1898SHA:601898
Asia

China Coal Energy's Coal Sales Drop 21% in March

China Coal Energy (HKG:1898, SHA:601898) sold 19.46 million tonnes of coal in March, down 21% from 24.76 million tonnes a year earlier, according to a Wednesday filing on the Hong Kong bourse.The company's coal output fell 5.7% year on year to 10.97 million tonnes from 11.63 million tonnes.

HKG:1898SHA:601898

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