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Hong Kong stocks closed (04.18) | The Hang Seng Index closed up 0.82%, insurance stocks led the financial sector higher, and China Taibao (02601) closed up nearly 5%
The three major indices of Hong Kong stocks opened low and moved higher today. They all rose more than 1% intraday at one point, then their gains have narrowed somewhat. At the close, the Hang Seng Index rose 0.82% or 134.03 points to 16385.87 points.
The May Day holiday is coming soon! Hong Kong airline stocks rose across the board, Air China rose nearly 5%
① How are aviation stocks operating recently? ② Why is Air China leading the increase?
Intraday Overview | Hong Kong stocks continued to rise. The three major indices all rose by about 1%, and insurance and aviation stocks had the highest gains
Sporting goods stocks rose, with Anta Sports and Taobo up more than 3%, and Special Step up more than 2%; insurance stocks generally rose; China Ping An and China Financial Insurance rose about 4%; aviation stocks strengthened, and China Southern Airlines rose about 5%.
Haitong International: International flight recovery accelerates focus on large-scale investment opportunities
In the short term, strong demand for private travel on holidays will drive a clear rebound in demand in the travel chain, but off-season business travel will be lackluster or slow down overall recovery progress. In the long run, there is a high degree of certainty that China's airline capacity introduction is slowing down; travel confidence continues to recover.
Hong Kong Stock Concept Tracking | In the first quarter, China's civil aviation passenger and cargo transportation all reached record highs in the same period. Institutions are optimistic about the “May 1st” peak demand (with concept stocks)
The passenger traffic volume of civil aviation was close to 180 million, and the cargo and mail traffic volume reached 2.07 million tons, all of which reached the highest value in the first quarter of the previous year
Air China Sets Board Meeting for Financial Review
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