Hong Kong stocks anomaly | Coal stocks rise against the market trend as national oil prices soar, boosting demand for energy substitutes. Institutions point out that there is room for a new round of coal price increases.
According to the Securities Times APP, coal stocks rose against the market trend. As of the time of publication, Yancoal Australia (03668.HK) rose by 3.7% to HK$30.24; Yanzhou Coal Mining (01171.HK) rose by 3.1% to HK$10.97; China Coal Energy (01277.HK) rose by 2.56% to HK$1.6; China Shenhua Energy (01088) rose by 1.73% to HK$42.26.
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