Hong Kong Stock Movement: FS ANTHRACITE plummets 10.73%, active capital flow attracts market attention

FS ANTHRACITE fell 10.73%; Yancoal Australia fell 3.49%, with a transaction volume of HKD 293 million; China Shenhua fell 2.49%, with a transaction volume of HKD 290 million; China Coal Energy fell 3.73%, with a transaction volume of HKD 250 million; Yancoal Australia fell 1.77%, with a market value of HKD 38 billion

Hong Kong Stock Movement | Coal stocks strengthen, FS ANTHRACITE rises over 100%, coal peak season arrives

Hong Kong coal stocks collectively surged, with FS ANTHRACITE rising over 100%, YANKUANG ENERGY up over 5%, CHINA QINFA increasing nearly 5%, CHINA COAL up 3%, CHINA SHENHUA and Power Development rising 2%, and Yancoal Australia and Yida Commodity rising over 1%. In terms of news: many areas in the north have experienced a "cliff-like" drop in temperature, with temperatures in Mohe, Heilongjiang dropping to -25°C on the morning of October 25, setting a new historical low for late October in the region; some areas in Hulunbuir, Inner Mongolia fell below -30°C, marking the coldest period for the same time in nearly a decade; snow depth in places like Heihe and Mohe in Heilongjiang exceeded 30 centimeters, with some stations approaching or surpassing 50 centimeters, setting a new record in observation history. As the cold wave hits, places like Zhangjiakou and Daqing have already started heating in advance, officially kicking off the seasonal consumption peak for coal. Looking back at the first half of 2025, the overall supply of the coal market was loose, with insufficient demand support, and coal prices continued to show a downward trend. However, at this current point, with the peak season demand being realized and the supply-side policy contraction resonating, the shift in the supply-demand pattern may become an important opportunity to drive the coal sector out of the trough and welcome valuation recovery

FS ANTHRACITE: Li Zongyang appointed as Executive Director and Chairman of the Board

FS ANTHRACITE announced that Wang Xinhua resigned as Executive Director and Chairman of the Board due to other business and personal matters, effective from October 27, 2025. Li Zongyang has been appointed as Executive Director and Chairman of the Board, also effective from the same date. Meanwhile, after Mr. Wang's resignation, he will no longer serve as Chairman of the Board's ESG Committee and a member of the Compensation Committee, with Mr. Li taking over these two positions

FS ANTHRACITE released its interim results, with a loss attributable to shareholders of 238 million yuan, an increase of 65.82% year-on-year

According to the Zhitong Finance APP, FS ANTHRACITE announced its interim results for the six months ending June 30, 2025, with group revenue of RMB 137 million, a year-on-year decrease of 11.08%; a loss attributable to shareholders of RMB 238 million, a year-on-year increase of 65.82%; and a loss per share of RMB 0.17

Hong Kong stock coal shares collectively fell, with Green Leader Holdings down nearly 8%, China Coal Energy down over 4%, Nan Nan Resources, Mongol Mining, FS ANTHRACITE, and Coal Australia down over 3%, and HIDILI INDUSTRY, Yanzhou Coal Mining, and China Shenhua Energy down over 2%