Coal Stocks Set to Rise Broker's Unexpected Holiday Data Reveals Little-known Opportunity

Bullish · $1088.HK · $1898.HK · $1171.HK · $9966.HK

What Happened

During China's Golden Week holiday, global coal prices rose, with TTF natural gas up 5.70% and ICE Rotterdam coal up 2.66%, while Chinese H-share coal stocks fell, led by China Shenhua down 2.66%.

Bottom Line

Global coal price strength and inventory drawdowns point to a bullish setup for Chinese coal stocks despite recent H-share weakness.

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