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JP Morgan said in its latest research report that YANZHOU COAL (01171.HK)  -0.010 (-0.164%)    Short selling $18.32M; Ratio 19.019%   's impressive results were related to a significant reversal of accrued safety expenses. The research house said due to recent policy measures, coal prices have seen bottom with spot prices already up 3% above the 3Q's reading. The company's Overweight rating was kept with a target price of $10.7.

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