The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure.
DBS: Optimism in the air for European and Asian airlines – Global Aviation – Airlines - Alpha Edge Investing
$Delta Air Lines(DAL.US)$ $CATHAY PAC AIR(00293.HK)$ $China Southern Airlines(600029.SH)$ $CHINA SOUTH AIR(01055.HK)$

The research is done by the respective broker and I do not endorse any of them. Just sharing here for information and reading pleasure.
DBS: China Southern Airlines – Buy Target Price HK$4.50; RMB6.30 - Alpha Edge Investing
$CHINA SOUTH AIR(01055.HK)$ $China Southern Airlines(600029.SH)$

Jan-Oct residential housing sales areas -7.8% y/y to 926 million square meters, while the total sales -4.9% y/y to 9.71 trillion yuan.
Sentiment 93.40
$COUNTRY GARDEN(02007.HK)$ $CG SERVICES(06098.HK)$ $COUNTRY GARDEN HLD(CTRYY.US)$ $EVERGRANDE(03333.HK)$ $EVERG SERVICES(06666.HK)$ $LONGFOR GROUP(00960.HK)$ $LONGFOR GROUP HLDG(LGFRY.US)$ $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$

$LONGFOR GROUP(00960.HK)$ As far as housing enterprises are concerned, “if you have food in your hands, you can not panic.” “Food” refers to both capital and land. In terms of land reserves, in the first half of this year, Longhu Group won 20 high-quality plots in first-tier and second-tier cities such as Shenzhen, Shanghai, Guangzhou, Chengdu, Hangzhou, and Suzhou, with a total construction area of 2.57 million square meters and an equity construction area of 1.84 million square meters. By the end of June 2023, Longhu Group's total land reserves reached 54.89 million square meters, with an equity area of 38.16 million square meters. 87% of the value of goods was concentrated in high-energy cities and value regions, which also provided sufficient preparations for future development.
As can be seen, in the first half of 2023, on the premise of maintaining the steady development of the main real estate development business, Longhu's operation and service businesses also fully blossomed. The three major businesses developed collaboratively, not only contributing to stable revenue and profit for the Longhu Group, but also achieving a high-quality development model with low leverage, low cost, strong operation, and positive cash flow to ensure the steady operation of the enterprise.
Continued optimization of the debt structure
Most housing enterprises exploded. The first thing that occurred was a breakdown in the capital chain and default on debt. However, the financial situation of the Longhu Group has remained stable.
According to statistics from the China Index Research Institute, in the third quarter of 2023, the maturing scale of credit bonds of housing enterprises was about 176.8 billion yuan, and the maturing scale of overseas bonds was about 78 billion yuan, for a total of 254.8 billion yuan; in the fourth quarter, the maturing scale of credit bonds of housing enterprises was 112.2 billion yuan, and the maturing scale of overseas bonds was 69 billion yuan, for a total of 181.2 billion yuan...