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CHINA QINFA: HK-listed firm’s 1H net up nearly 19 fold on coal trading blitz
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HONG KONG-listed China Qinfa Group Ltd (HK: 866) was apparently a bit modest in its late July positive profit alert during which it alerted investors that the January-June bottom line would likey jump by around 1,000% year-on-year.

In fact, the coal purchaser, processer, trader and deliverer (whose CEO is Ms. Wang Jianfei, left) has just announced that its first half net profit rose 1,796% to nearly 206 mln yuan! Read more...