The Zhitong Finance App learned that Morgan Stanley released a research report saying that China's Shenhua (01088.HK) expects net profit to increase 7% to 21% year-on-year in the first half of 2026, reaching 26.3 billion to 29.8 billion yuan, which is better than the bank's forecast of 26 billion yuan. This means that its net profit for the second quarter will be between 15.6 billion yuan and 19.1 billion yuan, up 23% to 51% year over year, better than expected. After merging the 11 assets injected by the Group, the year-on-year change in net profit for the first half of the year is expected to be between a 4.7% drop and an 8% increase based on the restated scale. Morgan Stanley reiterated its “gain” rating on China's Shenhua, and the target price for H shares remained unchanged at HK$48.3.

The Zhitong Finance App learned that Morgan Stanley released a research report saying that China's Shenhua (01088.HK) expects net profit to increase 7% to 21% year-on-year in the first half of 2026, reaching 26.3 billion to 29.8 billion yuan, which is better than the bank's forecast of 26 billion yuan. This means that its net profit for the second quarter will be between 15.6 billion yuan and 19.1 billion yuan, up 23% to 51% year over year, better than expected. After merging the 11 assets injected by the Group, the year-on-year change in net profit for the first half of the year is expected to be between a 4.7% drop and an 8% increase based on the restated scale. Morgan Stanley reiterated its “gain” rating on China's Shenhua, and the target price for H shares remained unchanged at HK$48.3.