Coal and Consumable Fuels

CHINA QINFA

China Energy Developments 2025 Results Announced: Revenue Up 62.7%, but Turned to Loss

CHINA QINFA released FY2025 9 Months earnings on March 31 (BJT), actual revenue HKD 1.589 B, actual EPS HKD -0.0485

CHINA QINFA released FY2025 Q3 earnings on March 31, 2026 (BJT), with actual revenue of HKD 409.73 M and actual EPS of HKD 0.0063

CHINA QINFA released FY2025 Q4 earnings on March 31 During-Market (BJT), actual revenue HKD 416.8 M, actual EPS HKD 0.0064

CHINA QINFA released FY2025 earnings on March 31 During-Market (BJT), actual revenue HKD 2.01 B, actual EPS HKD -0.0427

CHINA QINFA to Release FY2025 Annual Earnings Report on March 31, 2026 During-Market (BJT)

China Energy Holding Completes Placement and Subscription Raising Funds

China Energy Developments Shares Sale to Raise Funds

Zhejiang Energy Purchases 70,000 Tons of Coal from China Cinda's Subsidiary

PT Sumber Daya Energi Signs Coal Supply Agreement with Zhejiang Energy Asia Pacific

China Energy and Mining issues profit warning, expecting a post-tax loss of up to 98 million RMB in 2025

PT Sumber Daya Energi Signs Coal Supply Agreements with Zhejiang Energy Asia Pacific

China Shenfa's Subsidiary SDE Signs 150,000 Ton Coal Supply Agreement with Zhejiang Energy Asia Pacific

China Qinfa Group Subsidiary Signs 150,000 Tonnes of Indonesian Steam Coal Supply Agreement with Zhejiang Energy Asia Pacific

China Qinfa Group Announces Progress on Indonesia's TSE Coal Mine Project

SDE of China Energy Development Group Subsidiary Signs a 75,000 Ton Indonesian Steam Coal Supply Agreement with Zhejiang Energy Asia Pacific

China Qindao Coal's Subsidiary SDE Signs Short-Term Coal Supply Agreement with Zhejiang Energy Asia Pacific

China Qinfa Group Reports Net Loss of 162.75 Million Yuan for First Half of 2025

Ming Sheng Securities Provides Positive Rating for China Qinfa

TJCD

NEW GONOW RV

FAMEGLOW

REALWAY CAPITAL

ZXZN QI-HOUSE

51WORLD

CENTRAL DEV H

ZHONGSHENJIANYE

HAICHANG HLDG

JOLIMARK

00866

515220

China Qinfa Group Ltd. has clarified the vesting terms for 75.5 million share options granted to eligible participants. The options will vest and become exercisable on May 11, 2029, contingent on achieving specified performance targets. This long-term equity incentive structure aims to align management and stakeholder interests, with all other terms of the option grant remaining unchanged. China Qinfa operates in the energy and resources sector, focusing on coal-related businesses in mainland China and Asia.

Tip Ranks

Guotai CSI Coal ETF

China Qinfa Clarifies Long-Term Vesting Terms for 75.5 Million Share Options

China Qinfa Group Ltd. has granted 75.5 million share options to eligible employees under its 2018 scheme, exercisable at HK$3.07 per share from May 2029 to May 2036. The options vest in four equal tranches, contingent on meeting production targets at PT. Sumber Daya Energi and the timely start of production at PT. Trisula Sumber Energi. A clawback mechanism will cause unvested options to lapse if performance goals are unmet or if employees leave, aligning incentives with long-term coal output growth.

China Qinfa Grants 75.5 Million Share Options Tied to Coal Output Targets

00HSI

STECH

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36Kr learned that the Hang Seng Index rose by 0.13%, while the Hang Seng TECH Index fell by 0.08%; semiconductor, electrical equipment, and coal stocks led the decline, with SINOHYTEC dropping over 8%, GIGADEVICE falling over 6%, and CHINA QINFA decreasing over 4%; consumer, household goods, and defense military industry sectors saw the largest gains, with CHICMAX rising over 7%, CIRRUS increasing over 5%, and POP MART up over 3%; southbound funds had a net outflow of HKD 11.481 billion

36Kr

Hang Seng Index

Hang Seng TECH Index

POP MART

CHICMAX

SINOHYTEC

CIRRUS

GIGADEVICE

Hang Seng TECH ETF I

CAM HS TECH

China Southern Hang Seng TECH ETF(QDII)

Dacheng Hang Seng Technology ETF(QDII)

China Southern Hang Seng ETF

Tianhong Hang Seng TECH ETF(QDII)

CSOP HS TECH

HSTECH ETF

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

ISHARESHSTECH

ChinaAMC Hang Seng Technology ETF(QDII)

The Hang Seng Index closed up 0.13%, while the Hang Seng TECH Index fell 0.08%

China Qinfa Group Ltd. has announced a share placing and top-up subscription to raise approximately HK$309.6 million. The arrangement involves selling existing shares to at least six investors at HK$3.51 per share, with the vendor subscribing for an equivalent number of new shares. This transaction will account for about 3.55% of the existing share capital. The company aims to strengthen its capital position, although investors should be aware of execution risks. The latest analyst rating for the stock is a Hold with a price target of HK$4.50.

China Qinfa Launches Share Placing and Top-Up Subscription to Raise HK$309.6 Million

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02677

00467

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REALORD GROUP(01196) fell 15.47%, with a trading turnover 126.2 Million HKD, and a year-to-date rose 10.4%. DISTINCT HEALTH(02677) fell 11.34%, with a trading turnover 33.0 Million HKD, and a year-to-date rose 0.5%. UNITEDENERGY GP(00467) fell 5%, with a trading turnover 34.3 Million HKD, and a year-to-date rose 29.5%.

Top Gainers&Losers

REALORD GROUP

DISTINCT HEALTH

UNITEDENERGY GP

JINXUN RESOURCE

SHIYUE DAOTIAN

EASTROC

BJ ENT WATER

ALLIED GROUP

EDDING GENOR

Top 10 HK Stock Losers (2.9)

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02259

02630

02655

03896

09860

00336

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MINIMAX-WP(00100) rose 26.48%, with a trading turnover 1.6 Billion HKD, and a year-to-date rose 195.9%. CHINA STAR ENT(00326) rose 12.02%, with a trading turnover 35.9 Million HKD, and a year-to-date rose 67.8%. ZIJIN GOLD INTL(02259) rose 11.59%, with a trading turnover 3.1 Billion HKD, and a year-to-date rose 59.6%.

MINIMAX-W

CHINA STAR ENT

ZIJIN GOLD INTL

VIGONVITA-B

GUOXIA TECH

KINGSOFT CLOUD

ADICON HOLDINGS

HUABAO INTL

BWI INT'L

Top 10 HK Stock Gainers (1.27)

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REFIRE(02570) fell 27.33%, with a trading turnover 403.5 Million HKD, and a year-to-date fell 47.6%. INNOGEN-B(02591) fell 14.32%, with a trading turnover 55.0 Million HKD, and a year-to-date rose 101.8%. CHINA QINFA(00866) fell 11.25%, with a trading turnover 115.0 Million HKD, and a year-to-date rose 153.6%.

CHINA QINFA(00866.HK)