CITIC Securities: Safety supervision is strengthened again, and a new round of market quotations in the coal sector is underway
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CITIC Securities: Safety supervision is strengthened again, and a new round of market quotations for the coal sector is underway
2021-06-15 14:42
Source: Securities Times
Author: Liu Xinzheng
Securities Times
Liu Xinzheng
2021-06-15 14:42
According to the Securities Times, CITIC Securities pointed out that the fundamental factors that support the maintenance of high coal prices, such as safety supervision, demand, and further increase in import costs, are still strengthening, and there is still room for improvement. The leading companies in the sector that have “breaking net” and profitable profits still have strong valuation attractiveness. We continue to be optimistic about the fundamentals of the summer peak season. It is expected that the continuity of the high coal price will still exceed expectations, and the sector market is unfolding. Continue to recommend Shanxi Coking Coal, Huaibei Mining, Jinkong Coal, Lanhua Technology and Innovation, Xinji Energy, etc., with good performance, low valuation and expected growth in the medium term.
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CITIC Securities: Safety supervision is strengthened again, and a new round of market quotations for the coal sector is underway
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Liu Xinzheng
2021-06-15