On September 28, CHINA SHENHUA rose 3.02% in regular trading, trading at HK$45.06/share, with turnover of HK$288 million. The gain comes amid a broader rally in the coal sector driven by tightening supply and rising thermal coal prices.

Recent brokerage research highlights that Qinhuangdao 5500K thermal coal prices have climbed to RMB 988/ton, up RMB 17/ton week-on-week, as power plant daily consumption surged significantly. Major safety incidents have reinforced supply contraction expectations, while sustained high temperatures support near-term demand. Analysts note coal prices are now in a new upward cycle, with limited supply elasticity underpinned by strict production capacity controls, tightening safety regulations across key mining regions, and constrained Xinjiang coal transport capacity. Winter restocking demand is expected to provide further support.

Within the Coal and Consumable Fuels sector, CHINA SHENHUA's peers showed broad strength: KINETIC DEV up 6.67%, CHINA COAL up 3.07%, YANCOAL AUS up 1.35%, YANKUANG ENERGY up 1.21%, while CGN MINING declined 1.66%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)