Moody's: Yanzhou Coal unchanged

Moody's Investors Service said that Yanzhou Coal Mining Co. Ltd.'s weak performance in the first half of 2012 is credit negative, but it has no immediate impact on its Baa3 rating or stable outlook.

Moody's said it had already factored in weakening coal prices and the company's higher leverage due to its bond issuance when it assigned the rating in April this year.

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