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| HSI1 | 24,498.95 | -18.81 | 236.41B |
| HSCEI1 | 8,853.10 | -8.29 | 74.68B |
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2025-07-17 10:31:26 UBS opined in its research report that the current prices of Chinese airline stocks reflect overly optimistic market expectations for a rebound in yields. The broker mentioned that the Chinese aviation sector will face downside risks in ticket prices in 2H25, with expectations of weak travel demand in the Southeast Asian market leading to a continued decline in Thai routes and a cumulative 34% drop in Chinese visitors to Thailand this year. It is also likely that the profitability of international routes for airlines may deteriorate. UBS reiterated a Sell rating on AIR CHINA (00753.HK) and CHINA EAST AIR (00670.HK), with target prices of HKD3.2 and HKD1.8 respectively. In light of higher visibility in TRAVELSKY TECH (00696.HK)'s earnings growth, the broker gave the company a Buy rating instead with a target price of HKD12.9. ~ AAStocks Financial News Web Site: www.aastocks.com | |