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HK Shares End Up Led By Coal, Oil Firms; Further Gains Eyed
Oct. 25, 2010 09:44AM PST
Industrial MetalsThe Wall St. Journal.com reports that Yanzhou Coal reports of strong earnings lead Hong Kong stocks higher on Monday.
The Wall St. Journal.com reports that Yanzhou Coal reports of strong earnings lead Hong Kong stocks higher on Monday.
The story is quoted as saying:
Chinese thermal coal companies led Monday’s gains after Shandong province-based Yanzhou Coal said Friday its third-quarter net profit soared to CNY3.68 billion from CNY1.12 billion a year earlier, and it expects its full-year net profit to double.
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