CITIC Securities: Coal Sector May Welcome a New Round of Opportunities

Guosen Securities research report stated that against the backdrop of gradually warming coal prices, expectations of supply-side policies are once again catalyzing sector sentiment. It is expected that in the context of resonating supply and demand expectations, the sector may usher in a new round of opportunities. If subsequent supply-side policies and stable growth policies continue to overlap, both the magnitude and sustainability of the sector's rise are expected to exceed expectations. In the short term, it is recommended to invest in medium-sized companies with low valuations and high earnings elasticity, while in the long term, it is recommended to continue investing in leading companies in the coal power sector.