UBS group: Upgrades air china limited and china southern airlines' rating to shareholding, cathay pac air target price raised to 12 Hong Kong dollars.

UBS Group released a research report stating that it has raised the target price for Air China Limited (00753) from HKD 5.1 to HKD 5.9, and for China South Air (01055) from HKD 4.2 to HKD 4.6, with both ratings upgraded from "neutral" to "shareholding." The target price for Cathay Pac Air (00293) has been increased from HKD 10 to HKD 12, with a rating of "shareholding." The bank indicated a more optimistic outlook on the aviation industry in mainland China and Hong Kong driven by several favorable factors. Looking ahead, the slowdown in RBOB gasoline costs is an important bullish factor as it alleviates one of the major expenses for airlines, thereby supporting profit.

Sina Hong Kong stocksNov 28 23:38 ET

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.

Zhitong FinanceNov 27 23:01 ET

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.

Zhitong FinanceNov 26 08:19 ET

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

Zhitong FinanceNov 25 03:45 ET

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.

Zhitong FinanceNov 24 20:50 ET

Market Chatter: Cathay Pacific Sees Higher Passengers, Cargo During the Holiday Season

MT NewswiresNov 22 04:32 ET