YAL yancoal australia limited

News: YAL BUZZ-Yanzhou Coal leads slide in HK coal shares as China govt mulls intervention

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    ** Shares of Yanzhou Coal Mining 1171.HK lead slide in Hong Kong-listed Chinese coal stocks, falling as much as 12.4% to HK$13.30, the biggest daily pct drop since Oct. 5, 2020, as the Chinese government considers coal price intervention

    ** Stock sinks to lowest since Sept. 27; biggest pct decliner on Hang Seng Composite Index tracking energy stocks .HSCIE and second biggest loser on Hang Seng Composite Index .HSCI

    ** China's state planner said on Tuesday it was studying ways of intervening in high coal prices and would take all necessary measures to bring them back to reasonable range

    ** Hong Kong shares of China Coal 1898.HK drop as much as 8.5% to HK$5.35, biggest daily pct drop since Oct. 15

    ** China Shenhua Energy's 1088.HK Hong Kong stock dips 7.7% to HK$17.16, worst day since June 30

    ** Yanzhou Coal's unit Yancoal Australia (YAL) falls 7%

    ** Hang Seng Composite Index tracking energy stocks .HSCIE falls 2.7% while Hang Seng Composite Index .HSCI rises 1.04%

    ** The Hang Seng China Enterprises Index .HSCE climbs 1.6% and the benchmark index .HSI gains 1.3%

 
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Last
$5.48
Change
0.010(0.18%)
Mkt cap ! $7.236B
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Price($) Vol. No.
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