研报点睛：逆市反弹！关注龙头企业

东方财富研究中心12-04

12月4日，沪指跌0.42%，深证成指跌1.02%，创业板指跌1.43%。盘面上，煤炭行业板块涨0.74%；个股方面，宝泰隆涨停，中国神华、陕西煤业等均有不同程度上涨。申万宏源分析认为，进入2025年山西产量恢复性增长、全国产量预计接近23年水平，进口量无大幅增长预期，而火电需求在宏观企稳的背景下具备韧性，煤炭行业供需基本平衡，全年动力煤价格中枢预计维持24年下半年平均水平，而焦煤价格则有望在“扩...

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