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<Research>CICC: Iranian Situation Escalation May Prompt Higher Central Parity of Coal Prices
Recommend 6 Positive 12 Negative 9 |
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The escalated situation in Iran immensely amplified global energy supply risks, potentially prompting a rise in the central parity of coal prices, CICC said in a report. In the long run, amid increasingly complex overseas geopolitics, the security of upstream energy supply is deemed increasingly important. As a ballast for energy and a crucial raw material for chemicals, coal resources hold growing strategic significance for China, with room for valuation enhancement of high-quality coal assets. Recommended stocks include YANKUANG ENERGY (01171.HK), YANCOAL AUSTRALIA (03668.HK), CHINA COAL ENERGY (01898.HK), and SHAANXI COAL IND (601225.SH). AASTOCKS Financial News Website: www.aastocks.com |
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