BEIJING AIRPORT (00694.HK) has signed a location leasing contract.

On April 9, GLONGHUI announced that BEIJING AIRPORT (00694.HK) signed a site leasing contract with a trading company, under which the company will lease designated locations at Terminal 1, Terminal 2, and Terminal 3 of BEIJING AIRPORT to the trading company for one year to provide self-service vending machines selling food and beverage Commodities.

Gelonghui FinanceApr 9 07:44 ET

Hong Kong stock movement | Capital Airport (00694) fell over 4%, last year the company's pre-tax losses significantly narrowed, Institutions stated that the increase in income tax dragged down performance.

Beijing Capital International Airport (00694) fell over 4%, as of the time of writing, it has declined by 4.35%, trading at 2.42 Hong Kong dollars, with a transaction amount of 5.4401 million Hong Kong dollars.

Zhitong FinanceApr 8 21:51 ET

Hong Kong stocks movement | The Aviation/airlines Industry has declined across the board. Trade frictions may affect the civil aviation demand side. Oil prices have plummeted, and airline companies are expected to benefit significantly from reduced costs.

The aviation/airlines industry is experiencing a decline across the board. As of the time of writing, China Eastern Airlines (00670) has dropped 13.89% to HKD 2.17; China Southern Airlines (01055) has decreased 13.01% to HKD 3.01; Air China Limited (00753) has fallen 11.74% to HKD 4.21; and Capital Airport (00694) is down 10.83% to HKD 2.47.

Zhitong FinanceApr 7 03:07 ET

[Brokerage Focus] Guotai Haitong SEC: As supply and demand recover, the marketization effect of ticket prices will help the airlines' profit center rise.

Jingwu Financial News | Cathay HAITONG SEC stated, "To relax passenger transportation prices on domestic civil aviation routes with competitive conditions" - it is expected to deepen the ticket pricing marketization mechanism to ensure supply and demand pricing. The marketization of China’s civil aviation ticket prices established its goal in 2004, accelerated in 2010, and in 2013 switched pilot trunk routes to market-adjusted prices (increasing the full ticket price by 10% each season according to regulations). In 2015, the "Several Opinions on Promoting Price Mechanism Reform" pushed the Civil Aviation Administration to accelerate ticket price marketization during the 13th Five-Year Plan period. By the end of 2017, 5+ airlines were allowed to co-operate on routes; by the end of 2020, 3+ airlines were allowed to co-operate on routes.

Jingwu Financial NewsApr 6 21:53 ET

CITIC SEC: Strong travel demand during the Qingming Festival in 2025, focus on the transmission of the sharp drop in oil prices to airline profits.

Bullish factors continue to accumulate, and the profits of airlines are expected to improve year-on-year during the off-season. Continue to recommend opportunities for investment in the Aviation/airlines Industry.

Zhitong FinanceApr 6 21:35 ET

Citi: Raised the Target Price of BEIJING AIRPORT to HKD 3.05 and upgraded the rating to 'Neutral'.

Citi released a Research Report stating that BEIJING AIRPORT (00694) last year's performance met expectations; however, the recovery of non-Aviation Business remains slow. The group's operating profit is close to breakeven, recording a loss of 0.347 billion yuan. During the period, the group's overall net loss was 1.39 billion yuan, and when accounting for the impact of deferred tax assets, the net loss was approximately 0.648 billion yuan. The bank upgraded the group's rating from "Sell" to "Neutral," with the new Target Price raised from 2.53 HKD to 3.05 HKD.

Sina Hong Kong stocksApr 1 03:50 ET