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Live Updates  >  Live Update Details

2025-07-31 20:54:08

Cathay Pacific and Haitong Securities: The Coal Industry May Have Bottomed Out, Maintaining an "Overweight" Rating. (1) A Cathay Pacific and Haitong Securities research report indicates that the coal industry has escaped the "prisoner's dilemma under cash flow pressure," and the second quarter of 2025 may represent a mid-term fundamental bottom. (2) By comparing the supply structure differences with cyclical industries such as polysilicon and glass, we maintain an "Overweight" rating on the coal industry.

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