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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.
Update: Air China Expects to Narrow 2024 Loss on Civil Aviation Market's Accelerated Recovery
Air China Expects to Narrow 2024 Loss on Civil Aviation Market's Accelerated Recovery
Air China: Recovery in China Aviation Market, Cost Controls Supported Results >0753.HK
Air China Co., Ltd. 2024 Annual Results Advance Loss Announcement
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