5 stories mentioning SHA:601898Updated 1d ago
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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%.
Chinese stocks slumped following the departure of U.S. President Donald Trump from Beijing Friday as his meeting with President Xi Jinping failed to excite investors.The Shanghai Composite Index, the main gauge of Chinese stocks, lost 1% or 42.53 points to fall to 4,135.39. The Shenzhen Component Index declined 1.2% or by 184.36 points to 15,561.37.The meeting at the Zhongnanhai complex in Beijing did not produce any significant policy, including an easing of tariffs, according to a Reuters report."I think we were optimistically looking at the meeting and maybe half expecting some huge trade agreement to be proposed or announced and from that view, it has disappointed," Reuters quoted ATFX Global Chief Market Analyst Nick Twidale as saying.Both Trump and Xi were not able to discuss export controls on semiconductors, Trade Representative Jamieson Greer told Bloomberg in an interview Friday.Trump said the U.S. was able to secure "fantastic" trade deals with China, including plans to order 200 Boeing jets, while Xi said he "likes the idea" of purchasing U.S. oil, Fox reported.However, Treasury Secretary Scott Bessent said China may not increase its purchases of U.S. soybeans beyond their existing commitments.The U.S. president also advocated for Visa's entry into China's credit card industry.In corporate news, Dongfeng Automobile (SHA:600006) grew 3% at the closing bell after parent company Dongfeng Group signed a deal with Stellantis to produce Jeep and Peugeot models in China.China Coal Energy's (SHA:601898) shares rose 4% in Shanghai despite recording declines in coal sales and production 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.
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.
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.
