BUZZ-China Shenhua's HK shares drop most in eight weeks as annual profit weakens
Reuters03-31 10:51
BUZZ-China Shenhua's HK shares drop most in eight weeks as annual profit weakens
** Hong Kong-listed shares of China Shenhua Energy 1088.HK fall 4.3% in the second session of decline to HK$45.72, their lowest level since March 11
** Stock posts its biggest intraday pct drop since February 2
** Shanghai-listed shares of China Shenhua601088.SS slip 2.1% to 46.81 yuan, their lowest point since March 25
** The Chinese coal miner says its 2025 net profit down 5.3% y/y, revenue down 13.2% y/y
** YTD, Hong Kong stock up 19.2%, Shanghai-listed shares up 16%
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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