China Shenhua, the world’s largest thermal coal producer, lost another 1.9% to HK$20.85 in Hong Kong this morning. It is closer to its historic low in five years on gloomy outlook of coal and energy sector in China. The company reported 18.4% growth in coal sales to 31.5 million tons last month, pretty much in contrast to China Coal Energy, which reported almost 20% drop.
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