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CITIC Securities forecasts its tracked sample of listed coal firms will report average Q2 2026 net profit growth of about 31% QoQ and roughly 19% YoY in 1H 2026. It expects coking-coal and anthracite producers to show stronger earnings elasticity. Al

2026-07-08

CITIC Securities forecasts its tracked sample of listed coal firms will report average Q2 2026 net profit growth of about 31% QoQ and roughly 19% YoY in 1H 2026. It expects coking-coal and anthracite producers to show stronger earnings elasticity. Although coal prices have softened short term, seasonal peak demand should push prices up; against a backdrop of supply contraction, CITIC expects the Q3 supply-demand balance to further improve, supporting coal prices and continued QoQ sector earnings growth. It recommends names with high earnings elasticity and metallurgical-coal producers with relatively attractive valuations.

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2026-07-08

Fox News reports a U.S. official said the U.S. military is prepared, if ordered, to resume blocking vessels entering and leaving Iranian ports.

Fox News reports a U.S. official said the U.S. military is prepared, if ordered, to resume blocking vessels entering and leaving Iranian ports.
2026-07-08

Turkey's President Erdogan said Turkey seeks to open channels of communication with Russia to achieve peace.

Turkey's President Erdogan said Turkey seeks to open channels of communication with Russia to achieve peace.
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