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Coal firms see share prices surge Monday, after government readjusts contract prices

Share prices of China’s coal enterprises jumped on Monday on the A-share market following a nationwide adjustment to annual thermal coal prices beginning next year for medium and long-term contracts. Stock of Inner Mongolia Yuan Xing Energy Co jumped 6.63 percent as of press time, Guanghui Energy was up 6.04 percent. The market spike followed . ....

Yuan Xing , Lu Junling , National Development , National Energy Administration , Reform Commission , China State Railway Group Co , National Coal Trade Fair , Guanghui Energy , Economic Information Daily , East China ,