煤炭行业观察:中国神华高股息引险资举牌;瑞众保险增持释放防御价值信号

金融界
30 Mar

近期煤炭市场延续窄幅震荡格局,但基本面支撑逻辑未改。国内供应端收缩、进口煤结构性减量及需求端边际改善共同作用,煤价底部支撑渐显。与此同时,龙头煤企凭借稳健的现金流与高股息属性,成为长期资金配置的优先选择。一、煤价底部支撑渐显:供需结构优化国内供应收缩压力显现持续低煤价已对国内产能形成负反馈。新疆、内蒙古等边际产能地区因亏损加剧,露天矿减产停产现象增多。尽管产量端调整存在时滞,但供给端收缩趋势明确。...

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