Coal sector rallies in afternoon trading; Dayou Energy hits limit up in a bullish reversal

上海证券报··CN·Read original
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The coal sector rallied again in afternoon trading, with Dayou Energy hitting limit up in a bullish reversal, marking its second limit-up in four sessions. Earlier, Shanghai Energy and Meijin Energy hit limit up, while Xinji Energy and Haohua Energy rose in tandem. On the news front, Shanghai Energy's 2026 interim report showed first-half revenue of 4.45 billion yuan, up 27.21 percent year on year, and net profit attributable to shareholders of 283 million yuan, up 38.02 percent. A research note from Guosheng Securities said the pace of coal mine resumption in Shanxi remains slow, supply stays tight, downstream demand is solid, and most mines are struggling to meet demand. Combined with rising futures prices and strong market sentiment, coking coal prices have repeatedly hit new highs for the year, and this trend is expected to continue in the short term.

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