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Hong Kong stocks are moving differently | Most Aviation/airlines Industry stocks are rising as the supply and demand expectations for the Spring Festival travel season are optimistic, likely to show better-than-expected profit elasticity.
Most aviation stocks rose. As of the time of writing, Peking Capital International Airport (00694) increased by 3.23%, priced at 2.88 Hong Kong dollars; China Southern Airlines (01055) rose by 3.05%, priced at 4.05 Hong Kong dollars; Air China Limited (00753) increased by 2.59%, priced at 5.14 Hong Kong dollars; and China Eastern Airlines (00670) rose by 1.89%, priced at 2.7 Hong Kong dollars.
The aviation industry is collectively rebounding, with China Southern Airlines (01055) rising by 2.8%. Institutions expect a year-on-year increase of 6.7% in global air passenger traffic in 2025.
Jinwu Financial News | The Aviation Industry is collectively rebounding. As of the time of this report, China Southern Airlines (01055) is up 2.80%, Air China Limited (00753) is up 2.59%, BEIJING AIRPORT (00694) is up 2.51%, and China Eastern Airlines (00670) is up 1.13%. In terms of news, according to recent data released by the Civil Aviation Administration of China, as of December 15, 2024, the passenger transportation volume completed by Chinese Airlines exceeded 0.7 billion passengers, reaching 700.48 million passengers, with an average daily passenger transportation volume exceeding 2 million passengers, a year-on-year increase of 18.1%, compared to 2019.
Daiwa: It is recommended to shift from the Aviation/airlines Industry to the shipping industry, mainly due to the high expectations for rising ticket prices.
Daiwa recommends investors to shift from the Aviation/airlines Industry to shipping stocks.
Multiple market bullish factors boost the Aviation/airlines Industry, with the three major domestic airlines all rising over 8%.
① What preparations have the Airlines made for the Spring Festival travel in the Year of the Snake? ② How do the Institutions view the subsequent performance of shipping stocks?
Air Travel Demand Will Be Robust In 2025
BEIJING AIRPORT (00694.HK) has signed a House Rental contract with a property management company.
On December 31, Gelonghui reported that BEIJING AIRPORT (00694.HK) announced that on December 31, 2024, the company entered into a House Rental contract with a property management company, under which the company (as the tenant) agreed to lease from the property management company (as the landlord) (i) the service building property; (ii) the operational control center office; and (iii) the credential management hall office space, from January 1, 2025, to December 31, 2027, for a duration of three years.