China Shenhua Energy Company Limited

HKG:1088 ISIN:CNE1000002R0

China Shenhua Energy Company Limited (CSEC) is an integrated coal-based energy company. The Company is engaged in the production and sales of coal, as well as power generation and heat supply in the People's Republic of China. The Company's coal business involves coal mining and processing, sales and marketing, as well as coal transportation. As of December 31, 2007, the Company had 15 major subsidiaries. The Company operates coal mines, as well as an integrated railway network and two seaports that are primarily used to transport and sell its coal. 
 
     

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News

Asian Markets Overview of March 17, 2010: Chuo Mitsui (TYO:8309) Setting Up Real Estate Fund

🕔3/17/2010 1:30:47 PM 10876

Asian markets are set to deliver a positive start on Wednesday. US stocks rose to a fresh 17-month high overnight as the US Federal Reserve acknowledged the U.S. economy was gaining momentum and reiterated that the central bank will keep interest rates low for an extended period. Yesterday Asian shares closed mixed ahead of Federal Reserve and Bank of Japan's policy meetings. Japan's Nikkei 225 fell 0.3 per cent after three-day gains; however, China's Shanghai Composite rebounded from falls in previous two sessions. Hong Kong market shed 0.3 per cent as coal mining shares were hurt by China Shenhua's disappointing earnings.

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Asian Markets Overview of February 1

🕔2/1/2010 1:30:17 PM 15265

Last week Asian markets mostly experienced a significantly losing week and will continue to be weighed by the negative lead from US and European markets on Monday. Asian stocks Friday stumbled on disappointing company forecasts and Toyota's recall of millions of cars. For the month, China's Shanghai Composite lost 8.8%, Hong Kong's Hang Seng Index fell 8%, Australia's S&P/ASX 200 was down 6.2% and South Korea's Kospi slid 4.8% to 1602.43.

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Asian Markets Overview of March 16

🕔3/16/2009 3:00:55 PM 14157

Today the Asian markets include Japan, Hong Kong and South Korea opened higher following the upbeat sentiment in the US market. Nikkei was up by over 2% in early trade. China's Shanghai Composite opened lower but soon returned to the positive territory in early trade.

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Asian Markets Overview of March 6

🕔3/6/2009 3:00:30 PM 13078

Asian shares ended mixed Thursday. The Shanghai Composite index was up 1.0%, but in Hong Kong's Hang Seng Index fell 1.0%. South Korea's Kospi lost 0.1%, reversing early gains, and Japan's Nikkei 225 Average ended up 2.0%.

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Australian Market Report of December 11: Buoyed by Stronger Commodities

🕔12/11/2008 1:00:39 PM 13261

Yesterday Australia's share market closed higher after surge in the mining sector. The benchmark S&P/ASX200 index yesterday ended 36.4 points or 1% higher at 3640.7, while the broader All Ordinaries was up 39.6 points, or 1.1%, at 3,573.3. The stronger commodity prices for gold and oil overnight may further buoy the stocks market which has been oversold.

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