China News Agency, Beijing, April 14 (Reporter Chen Kangliang) China's A-shares changed from the previous day's weakness, and most of the major stock indexes rose on the 14th.

Among them, the representative Shanghai Composite Index rose more than 1%.

　　As of the close of the day, the Shanghai Composite Index reported 3,225 points, an increase of 1.22%, with a turnover of 401.2 billion yuan (RMB, the same below); the Shenzhen Component Index reported 11,714 points, an increase of 1.27%, and a turnover of 468.9 billion yuan; the Small and Medium Composite Index reported 11,702 points, an increase of 468.9 billion yuan. 1.04%; ChiNext Index reported 2466 points, down 0.02%.

　　Yan Jinkui, an analyst at Caida Securities, said that the rise of A-shares that day was mainly due to the frequent recent positive signals released by Chinese officials to stabilize the market.

The executive meeting of the State Council of China held on the 13th deployed a number of policy measures to promote consumption, which played an important role in stabilizing economic fundamentals and market confidence.

Considering that the current A-share valuation has obvious advantages, limited room for downside, and a number of favorable policies are gradually implemented, it is expected that A-shares may experience a structural market in the short term.

　　In terms of specific sectors, most sectors of A-shares rose that day.

Among them, the coal mining and processing sector soared 5.83%, ranking among the top gainers.

It is worth noting that the cumulative increase in the sector this year has exceeded 30%.

　　Judging from the latest annual reports disclosed, listed coal companies performed well.

According to the statistics of financial data service provider Wind, 19 listed coal companies have released their 2021 results. Except for one with a small loss, the net profit of the other coal companies has exceeded 300 million yuan. The industry leader, China Shenhua Net Profits are more than 50 billion yuan.

　　Zuo Peng, an analyst at CITIC Securities, pointed out that the main reason for the continuous rise of the coal sector’s share price is that coal prices have remained high since the beginning of the year, the market’s profit expectations for the sector have been continuously raised, and the valuation level is at a low level, which is the basis for the sector’s continued rise; second, Expectations such as RRR cuts and interest rate cuts, steady growth of infrastructure, and relaxation of real estate policies will help improve demand expectations and increase the valuation of the coal sector. Third, rising overseas oil prices are also the main driver for the strength of the coal sector.

In addition, the coal sector has been among the top gainers since the beginning of the year and is still attracting capital attention.

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