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| HSI1 | 24,486.43 | -31.33 | 203.06B |
| HSCEI1 | 8,850.18 | -11.21 | 60.57B |
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2025-07-16 11:45:30 While the median preliminary loss for China's three major airlines reached RMB1.1 billion in 2Q25, AIR CHINA (00753.HK) might achieve a humble profit on strong contributions from CATHAY PAC AIR (00293.HK), according to a report from HSBC Global Research. The continued losses of the three major Chinese airlines even under favorable conditions have clearly indicated ongoing challenges in the industry, HSBC Global Research said. The broker attributed the losses to a continued decline in yields during peak seasons and fixed costs remaining high. HSBC Global Research reiterated a Reduce rating on the H-shares of AIR CHINA, CHINA EAST AIR (00670.HK), and CHINA SOUTH AIR (01055.HK), with target prices maintained at HKD4, HKD2.1, and HKD3, respectively. ~ AAStocks Financial News Web Site: www.aastocks.com | |