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Meilan Airport (00357.HK): Controlling shareholder pledges 119 million shares of the company
Gelonghui, July 21 — Meilan Airport (00357.HK) announced that on July 21, 2026, the Company became aware that its controlling shareholder, Hainan Airport Infrastructure Co., Ltd. (the "Controlling Shareholder"), has pledged 118,750,000 non-listed domestic shares of the Company (the "Pledged Shares") to several banks incorporated in the People's Republic of China as collateral for acquisition financing provided to the Controlling Shareholder. As of the date of this announcement, the Controlling Shareholder directly and through its wholly-owned subsidiaries holds 295,182,587 shares of the Company, representing approximately 62.3% of the Company's issued share capital.
Hong Kong Stock Market Update | Airline stocks decline; China Eastern Airlines falls nearly 4% as U.S.-Iran tensions drive oil prices above $80
Gelonghui, July 14 | Hong Kong-listed airline stocks generally declined, with China Eastern Airlines falling nearly 4%, Meilan Airport and Air China dropping more than 2.2%, China Southern Airlines down 1.8%, and Cathay Pacific falling 1.3%. The escalation of U.S.-Iran tensions served as the primary catalyst. On July 13, U.S. forces launched a new round of strikes against Iran, prompting Iran to carry out large-scale attacks on U.S. military targets in the Gulf region. As a result, international oil prices surged significantly, with crude oil settlement prices jumping over 9%. In early Asian trading hours, WTI crude breached USD 80 per barrel, rising 2.42% on the day. Fuel is one of airlines’ largest cost components, accounting for approximately 30% of operating expenses.
Saudi Arabia sharply cuts crude oil prices, potentially triggering a cyclical turnaround in the aviation sector.
With the U.S. and Iran reaching a ceasefire agreement, international oil prices have fallen back to pre-war levels. Airline stocks may be poised for a cyclical turnaround.
Hong Kong Stock Market Movement | Airline Stocks Decline Again; Q2 Earnings May Plummet Due to Oil Price Pressures, Analysts Say Cross-Strait Tensions and Oil Prices Will Continue to Shape Market Trajectory
Airline stocks declined again. As of the time of writing, China Eastern Airlines (00670.HK) fell 6.85% to HK$31.30; Air China (00753.HK) dropped 4.97% to HK$4.21; China Southern Airlines (01055.HK) slid 3.16% to HK$3.38; and Meilan Airport (00357.HK) decreased 2.41% to HK$4.05.
Hong Kong Stocks Move | Airline stocks rebound amid easing geopolitical risks and expectations for peak summer travel season
Gelonghui, June 24 | Airline stocks, which had been declining continuously, rebounded, with Air China rising 3%, Cathay Pacific up 2.35%, China Eastern Airlines and Meilan Airport Holdings gaining more than 1%, and China Southern Airlines following the upward trend. On the news front, on June 23 local time, U.S. President Trump stated that Israel and Iran had agreed to a full ceasefire. The easing of geopolitical risks directly led to a significant decline in international oil prices. In early Asian trading today, WTI crude oil futures extended losses to 1%, trading at $72.448 per barrel. Additionally, the market holds positive expectations for the upcoming summer travel peak season. A research report from Minsheng Securities noted that airline demand was robust during the May Day holiday, and as
Hong Kong Stocks Move | Airline stocks weaken again, Meilan Airport down 4.3%, Air China down nearly 4%
Gelonghui, June 22 | Hong Kong-listed airline stocks declined collectively, with Meilan Airport down 4.3%, Air China down nearly 4%, China Eastern Airlines down over 3%, China Southern Airlines down 2.7%, and Cathay Pacific down 1%. According to news reports, travel data during the Dragon Boat Festival holiday fell short of expectations. Fliggy data showed that airfare prices for this year’s Dragon Boat Festival were approximately 20% lower year-on-year, while Meituan’s big data indicated an overall 30% decline in ticket prices compared to last year. Dongxing Securities noted that due to a roughly one-month lag between domestic and international aviation fuel prices, the ex-factory price of domestic jet fuel remained elevated in June, and high oil prices are expected to constrain capacity deployment.