Coal Mining Sector Rises in Early Trading; Baotailong Hits Daily Limit
China's coal mining and processing sector advanced in early trading on August 20, with Baotailong shares surging to the daily limit. The move lifted a broad group of coal producers, including Xindazhou A, Huaibei Mining, Haohua Energy, Lanhua Sci-Tech, Gansu Energy Chemical and Hengyuan Coal & Electricity, which all followed the uptrend. The sector's collective strength in the morning session underscored renewed buying interest in coal-related stocks.
The coal mining and processing sector showed upward momentum in early trading on August 20. Baotailong shares touched the daily limit, while Xindazhou A, Huaibei Mining, Haohua Energy, Lanhua Sci-Tech, Gansu Energy Chemical and Hengyuan Coal & Electricity also rose in tandem.