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Hong Kong stock movement | Capital Airport (00694) dropped over 4% in the afternoon, with the annual pretax loss significantly narrowing, planning to use retained earnings to offset accumulated losses.
Beijing Capital International Airport (00694) dropped over 4% in the afternoon, and as of the time of reporting, it was down 4.07%, priced at 2.83 Hong Kong dollars, with a trading volume of 31.6569 million Hong Kong dollars.
Hong Kong stocks are showing volatility | Aviation/airlines Industry is rising today as the civil aviation travel volume is expected to steadily increase at a high level this year, with impressive operational data from several airlines in January.
The aviation/airlines industry saw a general rise today. As of the time of reporting, China Southern Airlines (01055) rose by 4.75%, priced at 3.53 Hong Kong dollars; Air China Limited (00753) increased by 4.16%, priced at 4.51 Hong Kong dollars; and China Eastern Airlines (00670) grew by 3.63%, priced at 2.57 Hong Kong dollars.
BEIJING AIRPORT (00694.HK): Han Zhiliang resigns as general manager.
Glory International, February 17 - BEIJING AIRPORT (00694.HK) announced that due to Mr. Han Zhiliang, the company's Executive Director and General Manager, reaching retirement age, Mr. Han has resigned as General Manager, effective from the date of this announcement.
Beijing Capital International Airport Plans to Offset 2.99 Billion Yuan Loss With Reserves
CICC: Maintains BEIJING AIRPORT "Outperform Industry" rating with a Target Price of 2.9 HKD.
CICC released a research report stating that it maintains the "Outperform Industry" rating for BEIJING AIRPORT (00694), with a Target Price of HKD 2.9 unchanged (the firm has switched the target valuation year to 2025 and based on 0.9 times the 2025 P/B, an increase from the original 0.8 times target P/B, mainly due to the resilient passenger volume growth performance in the travel Sector and the gradual improvement of duty-free spending at the ports. The firm expects market risk appetite may improve). The firm has adjusted the company's profit forecast for 2024 and 2025 to -1.517 billion yuan and 0.017 billion yuan. The firm introduced the company's profit forecast for 2026 as 4.
CICC: Maintain the "Outperform Industry" rating for BEIJING AIRPORT (00694) with a Target Price of 2.9 Hong Kong dollars.
CICC adjusts the profit forecast for Beijing Capital International Airport to -1.517 billion yuan and 0.017 billion yuan for 2024 and 2025 respectively.