Yanzhou Coal Mining, the listed flagship of China’s fourth-largest coal miner, has seen its Hong Kong share price tumble 21 per cent from this year’s high, on the back of profit-taking and slumping coal price.
Yanzhou Coal Mining Company is a Chinese company that mainly produces low-sulphur coal. It is the only Chinese coal miner to have a listing in Hong Kong, Shanghai and New York. Its subsidiaries include Austar Coal Mine, Heze, and Yancoal Australia.
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