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MEILAN AIRPORT (00357.HK) was subject to a Shareholding reduction of 2.135 million shares by Feng Global Fund SPC - Feng Global SP.
On June 24, according to the latest rights disclosure information from the Hong Kong Stock Exchange, on June 20, 2025, MEILAN AIRPORT (00357.HK) was divested of 2.135 million shares by Feng Global Fund SPC - Feng Global SP at an average price of HKD 10.63 per share, involving approximately HKD 22.695 million. After the Shareholding, the latest holding number of Feng Global Fund SPC - Feng Global SP is 9.565 million shares, and the shareholding ratio decreased from 5.02% to 4.22%.
Goldman Sachs' investment ratings and Target Prices for airlines, hotels, travel, and related consumer stocks (table).
Goldman Sachs published a research report, detailing the latest investment ratings and target prices for aviation, hotel, travel, and related consumer stocks as follows: Stock | Investment Rating | Target Price Hotel stocks H World Group (HTHT.US) | Buy | $55 H World Group (01179.HK) | Buy | HK$43 Atour Lifestyle Holdings (ATAT.US) | Buy | $39.6 Shangri-La Asia (00069.HK) | Sell | HK$5.2 Marriott International (MAR.US) | Neutral | $263 Hilton (HLT.US) |
MEILAN AIRPORT (00357.HK) received an increase in shareholding of 0.439 million H-shares from M&G Plc, valued at approximately 4.5984 million Hong Kong dollars.
On June 19, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on June 19, M&G Plc increased its shareholding in MEILAN AIRPORT (00357.HK) by 439,000 H shares at an average price of HKD 10.4747 per share on June 17, with a value of approximately HKD 4.5984 million. After the increase, M&G Plc's latest shareholding number is 25.023 million shares, and the proportion of good shares rose from 10.83% to 11.03%. Image source: Stock Disclosure from the Exchange What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals and companies holding 5% or more) must disclose their holdings.
Airline stocks collectively rebounded, with Air China Limited rising over 2%, while fuel costs remain the largest expense for airlines.
In terms of news, on June 13 local time, Israel launched airstrikes against Iran, causing a sudden escalation of the situation in the Middle East.
Hong Kong stocks are moving differently | Airline stocks continue to decline due to escalating conflicts in the Middle East raising concerns about oil supply. Rising oil prices directly affect airline profitability.
Aviation stocks continue to decline. As of the time of writing, China Eastern Airlines (00670) is down 3.95% at HKD 2.92; Air China Limited (00753) is down 3.83% at HKD 5.52; China Southern Airlines (01055) is down 2.36% at HKD 3.72; CATHAY PAC AIR (00293) is down 0.97% at HKD 10.2.
Hong Kong stocks move丨Airline stocks decline, Air China Limited falls over 4%, affected by multiple bearish factors.
On June 16, Gelonghui | Hong Kong stock aviation stocks collectively fell, among which, Air China Limited dropped over 4%, China Eastern Airlines fell over 3%, China Southern Airlines was down 2.6%, CATHAY PAC AIR decreased by 1.55%, and MEILAN AIRPORT followed suit. In terms of news, there was a plane crash in India that led to a global decline in airline stocks, followed by intensified conflict between Israel and Iran, causing sharp rises in Gold, Oil, etc. Crude Oil opened on Monday up over 6%, reported at $76.13 per barrel. Airline fuel costs typically account for 20%-30% (or even more) of an airline's total operating costs, and rising oil prices will directly squeeze profits. Additionally, Boeing adjusted its forecast for aircraft over the next 20 years.
