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Hainan Meilan Airport Announces Board Reshuffle and Amendments
Meilan Airport (00357.HK) intends to appoint Liu Hongbin as an independent non-executive director.
On November 18, Gleechon announced that due to the expiration of his term, Meng Fanchen will resign as an independent non-executive director, effective after the appointment of the new independent non-executive director is approved at the shareholder's special meeting. The term of the current eighth board of directors will expire on December 31, 2024. The board of directors hereby proposes the appointment and re-election of directors of the ninth board of directors at the shareholder's special meeting. The board of directors will submit a resolution at the shareholder's special meeting to appoint Liu Hongbin as an independent non-executive director, effective from the date of the shareholder's special meeting, subject to shareholder approval.
Meilan Airport (00357.HK) received a shareholding increase of 0.933 million shares from jpmorgan.
According to the latest equity disclosure data from the Hong Kong Stock Exchange on November 13, 2024, on November 6, 2024, JPMorgan Chase & Co. increased its shareholding in Meilan Airport (00357.HK) at an average price of 9.5439 Hong Kong dollars per share, acquiring 0.933 million shares, with a total investment of approximately 8.9045 million Hong Kong dollars. After the shareholding increase, JPMorgan Chase & Co.'s latest holding of good warehouse stock is 13,672,319 shares, and the percentage of good warehouse held has increased from 5.61% to 6.02%.
Hong Kong stocks fluctuate | Aviation industry morning session declines, all three major airlines achieve single-quarter profits, with Bank of America Merrill Lynch predicting that airlines will average a net loss in the fourth quarter.
Aviation/airlines industry stocks fell in the morning session, as of the time of publication, Meilan Airport (00357) fell by 7.46% to HK$8.81; Air China Limited (00753) fell by 4.27% to HK$4.48; China Southern Airlines (01055) fell by 3.37% to HK$3.44; China Eastern Airlines (00670) fell by 1.67% to HK$2.35.
Hong Kong stocks' abnormal movement | Meilan Airport (00357) rose more than 8% in the afternoon, as Hainan Free Trade Port construction continues to advance, and the duty-free benefits of outlying islands are expected to be released.
Meilan Airport (00357) rose more than 8% in the afternoon, as of the time of publication, it increased by 7.88%, closing at 9.58 Hong Kong dollars, with a turnover of 17.4569 million Hong Kong dollars.
Hong Kong stocks unusual movement | Aviation/airlines industry morning trading generally rises, the passenger traffic input volume completed by the civil aviation in the first three quarters increased by 12.39% year-on-year, overall industry fundamentals
Aviation/airlines industry stocks rose across the board in the morning session. As of the time of publication, Meilan Airport (00357) rose by 5.72% to HK$9.43; Air China Limited (00753) rose by 3.47% to HK$4.17; China Eastern Airlines (00670) rose by 3.27% to HK$2.27; China Southern Airlines (01055) rose by 2.9% to HK$3.19.
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