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Oil stock #4: Yanzhou Coal Mining (YZC) |
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| Jun 28, 2009 04:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: International markets, China, Economic data, Oil, Stocks to Sell
Yanzhou Coal Mining (NYSE: YZC) appears to be in the sweet spot. Investors seem to agree and have pushed YZC up almost 70% in 2009. China is an appealing play, but by no means certain. Continue reading Oil stock #4: Yanzhou Coal Mining (YZC) Oil stock #4: Yanzhou Coal Mining (YZC) originally appeared on BloggingStocks on Sun, 28 Jun 2009 11:00:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments
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The China miracle is back on track, and with it comes speculation for resource demand as a result of huge economic growth. Within the oil sector, the coal group has seen big gains given its use in power generation. In China, that is particularly true, with the country seeing new power plants open on a regular basis.Be the first to comment on this story and earn 2 points.
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