Special guest vloggers: Deng Shengxing: The lack of Bullish national policy news support leads to a quiet trading sentiment in the Hong Kong stock market.

Jinwu Finance | The Hang Seng Index will be closed all day on Wednesday and Thursday for the Christmas holiday. On Tuesday (24th), Christmas Eve, there will be a half-day market, closing at 20,098, up 215 points or 1.1%. The half-day market turnover was 84.5 billion yuan. The National Index rose by 90 points or 1.3%, closing at 7,303. The Science and Technology Index rose by 49 points or 1.1%, closing at 4,507. The SSE Composite Index rose by 22 points or 0.7%, closing at 3,374. Central state-owned enterprises generally rose. Yesterday, Industrial and Commercial Bank of China (01398), which soared by half, reached a new 52-week high, closing up 1.4%; China Construction Bank (00939) also rose by 1.4%; the US dollar strengthened, US bond yields rose, and international gold prices.

Jinwu Financial NewsDec 26 20:49 ET

Morgan Stanley: Maintains CATHAY PAC AIR "In line with the market" rating, Target Price of 8.1 HKD.

Morgan Stanley released a research report stating that CATHAY PAC AIR (00293) saw a 25.8% year-on-year increase in revenue passenger kilometers for November, while available seat kilometers increased by 21.3% year-on-year, reaching 78% of the 2018 levels. Passenger demand remains strong, with a significant year-on-year growth in passenger load factors, and cargo transport continues to be robust. A Target Price of 8.1 HKD and a 'Market Perform' rating are maintained. The bank indicated that CATHAY PAC AIR expects strong performance in the second half of the year, mainly benefiting from strong cargo demand and lower RBOB Gasoline prices, but with the ongoing recovery of capacity, the normalization of passenger yield will partially offset this impact.

Sina Hong Kong StocksDec 23 01:46 ET

Announcement Highlights | GTJA has been approved to be the major Shareholder of HAITONG SEC's related Overseas subsidiaries; CATHAY PAC AIR's passenger carried in November increased by about 20% year-on-year.

CATHAY PAC AIR's passenger carried in November increased by approximately 20% year-on-year; Connet Optical plans to issue 53.325 million placement shares at a discount of about 19.98% to Goertek in Hong Kong, raising a net of 0.828 billion Hong Kong dollars.

cls.cnDec 22 19:12 ET

Hong Kong stock market morning report on December 23: Biden signed a bill to prevent the USA government from "shutting down". The performance of China Concept Stocks shows divergence.

① Biden signed an emergency funding bill to prevent a "shutdown" of the USA government. ② The USA's November core PCE price index rose 2.8% year-on-year, which was lower than expected. ③ The three major stock indexes in the USA opened lower and closed higher last Friday, while China Concept Stocks showed mixed performance. ④ NYMEX Henry Hub Natural Gas Futures rose more than 14% last week. ⑤ Federal Reserve's Goolsbee stated that interest rates may decline within 12 to 18 months.

cls.cnDec 22 18:05 ET

Cathay Pacific Sees Strong 2H Results, Driven by Elevated Cargo Demand, Lower Fuel Prices

Dow JonesDec 20 05:33 ET

CATHAY PAC AIR (00293.HK): Both passenger and cargo operations maintained growth in November.

On December 20, Gelonghui reported that CATHAY PAC AIR (00293.HK) announced today the passenger and cargo volume data for November 2024, with both operating businesses maintaining growth momentum during the month. CATHAY PAC AIR carried 2,015,506 passengers in November 2024, an increase of 23.1% compared to the same month in 2023. The revenue passenger kilometers increased by 25.8% year-on-year. The passenger load factor rose by 3 percentage points to 83.5%, while available seat kilometers increased by 21.3% year-on-year. In the first eleven months of 2024, the number of passengers carried increased by 27% compared to the same period last year, reaching 2,005.

Gelonghui FinanceDec 20 05:05 ET