TRAVELSKY TECH (00696.HK): Vice General Manager Yuan Leifeng has left his position due to reaching retirement age.

Gelonghui January 20丨TRAVELSKY TECH (00696.HK) announced that Yuan Leifeng has retired from the position of deputy general manager due to reaching retirement age.

Gelonghui FinanceJan 20 17:38

TRAVELSKY TECH (00696.HK) appointed Liang Shuang as the employee representative Director.

Glory Financial reported on January 16 that TRAVELSKY TECH (00696.HK) announced that on January 16, 2025, the employee representative assembly elected Liang Shuang as the employee representative Director of the company, but this appointment will only take effect after the proposed amendments to the company's articles of association are approved and come into effect by the Shareholders at the extraordinary general meeting on January 23, 2025.

Gelonghui FinanceJan 16 17:20

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.

Zhitong FinanceJan 16 11:42

Major Bank Ratings | Daiwa: Remains Bullish on Strong Travel Demand, assigns Buy ratings to TRAVELSKY TECH and Capital Airport.

On January 16, Gelonghui reported that Daiwa stated that the market's previous low expectations for China's Airlines have now completely reversed, and the market is currently assessing the upward cycle of the Industry. However, the firm reiterated its view that the Airlines (especially ticket prices) are inconsistent with market expectations. Due to original equipment manufacturer (OEM) production issues and strong travel demand in China, there is a bottleneck in the Global supply of aircraft, making the likelihood of a short-term rebound in ticket prices in China low. As interest rates remain high and the dollar is expected to stay strong, the firm anticipates that domestic Airlines will continue to face Forex risks this year. The firm remains Bullish on strong travel demand and recommends.

Gelonghui FinanceJan 16 09:59 · Ratings

Daiwa Securities recommends profiting from the mainland Aviation/airlines Industry, and suggests China Aviation Information Technology (00696.HK) and Capital Airport (00694.HK).

Daiwa published a report indicating that the market's previously low expectations for the Chinese Airlines industry have now completely reversed, and the market is currently considering the industry's upward cycle. However, the firm reiterated its view that the Airlines industry (especially ticket prices) is inconsistent with market expectations. The firm noted that American Airlines had strong profits in the fourth quarter of last year, and Delta Air Lines (DAL.US) achieved record profits last quarter, with management expecting strong travel demand to continue this year, targeting a more than 10% increase in earnings per share. The firm believes that Delta Air Lines' performance exceeds expectations, mainly due to robust passenger demand (especially high-end demand) and strong cargo demand, as well as ticket prices and economic.

AASTOCKSJan 15 10:15

"Big Hand" Morgan Stanley raises the ratings of the three major airlines in Mainland China to "Shareholding" and significantly increases earnings estimates and Target Price.

Morgan Stanley's research report indicates an upgrade for China Southern Airlines (01055.HK), China Eastern Airlines (00670.HK), and Air China (00753.HK) to 'Shareholding', with the Target Prices raised by 103.4% to 5.9 yuan, 142.4% to 3.49 yuan, and 96.6% to 7.61 yuan, respectively. The firm states that the domestic Aviation industry is set to enter a multi-year profit growth cycle and believes that this industry will be the first to escape domestic deflation. Profit in the next 3 to 5 years could reach 2 to 4 times its 2026 forecast. However, the firm also notes that it is still too early to say, and although the overall profitability of the three major airlines is expected to set new records.

AASTOCKSJan 14 17:16