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Hong Kong stocks concept tracking | Hong Kong Civil Aviation Department invests 4.3 billion in Zhuhai Airport, institutions bullish on the long-term investment logic of the future aviation industry (with concept stocks)
On the 26th, the Airport Authority of Hong Kong signed a cooperation agreement on equity of Zhuhai Airport with Zhuhai Transport Holdings Group in Zhuhai.
Cathay Pacific Airways (00293): Starting from January next year, the company's flight frequency will resume to the pre-pandemic level of 100%.
On November 26, cathay pac air (00293) announced that starting from January next year, the number of flights of its airlines will be fully restored to the pre-pandemic 100% level.
UBS Group: The Hong Kong stock market is expected to face severe challenges in 2025, with the Hang Seng Index reaching 20,000 points by the end of next year.
UBS Group releases 2025 Hong Kong Stock Strategy Report
Hong Kong stocks fluctuation | Aviation/airlines industry surged in the morning. The scope of visa-free countries is expanding again, favorable for the recovery of inbound passenger flow and the increase in flight volume.
Aviation stocks surged in early trading. As of the time of publication, Air China Limited (00753) rose by 5.32% to HKD 5.15; China Eastern Airlines (00670) rose by 3.77% to HKD 2.48; China Southern Airlines (01055) rose by 2.44% to HKD 3.77; Cathay Pacific Air (00293) rose by 1.41% to HKD 9.37.
Market Chatter: Cathay Pacific Sees Higher Passengers, Cargo During the Holiday Season
Hong Kong stocks are moving | Airlines industry continues to rise, with a 2.5 times increase in ticket search popularity for New Year's Eve, and the extended holiday will significantly drive the growth in travel demand.
Aviation stocks continue to rise. As of the time of publication, Air China Limited (00753) rose by 4.64%, to 4.96 Hong Kong dollars; China Southern Airlines (01055) rose by 3.35%, to 3.7 Hong Kong dollars; China Eastern Airlines (00670) rose by 2.98%, to 2.42 Hong Kong dollars; Cathay Pacific Air (00293) rose by 1.2%, to 9.29 Hong Kong dollars.
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