"A-Share Focus" Third quarter performance recovery boosts coal stocks, ANTAI GROUP hits the daily limit up
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Coal stocks became active due to a recovery in third-quarter performance, with ANTAI GROUP and BNMC hitting the daily limit, while other coal companies such as DYEC and Shaanxi Heimao also saw varying degrees of increase. Coal prices have risen rapidly since July, with the spot price of thermal coal at Qinhuangdao Port significantly increasing, leading to a notable recovery in the third-quarter profits of coal companies. A total of 37 listed companies achieved a net profit attributable to shareholders of RMB 29.942 billion, a quarter-on-quarter increase of 22.83%
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