|Day's range||19.060 - 19.420|
|52-week range||13.420 - 20.600|
|PE ratio (TTM)||13.93|
|Dividend & yield||0.00 (0.00%)|
|1y target est||23.00|
Yu expects coal prices to decline as inventory starts to build again. Coal demand is volatile during the summer because of large unpredictable swings in temperature (affecting power demand for air conditioning) and rainfall (affecting hydropower). This year, we are experiencing early volatility as a heat wave in late May/early June has just given way to low pressure systems passing through south and southwestern China.
Shenhua Group Corp., China’s biggest coal miner, and China Guodian Corp., one of the nation’s largest coal-fired power generators, are in merger discussions, according to people with knowledge of the matter....
China’s state-owned enterprise regulator has asked coal mining giant Shenhua Group Corp. and power generator China Datang Corp. to discuss a possible merger, according to people with knowledge of the situation....