HKEX Announcement Insights | Passenger traffic volumes of the three major airlines declined slightly year-on-year in May; MMG plans rights issue and bond issuance to raise net proceeds exceeding HK$12.6 billion
MMG Limited (HKEX: 1208) raised approximately HK$6.253 billion net proceeds from a share placement at a discount of approximately 8.8% and issued US$800 million in principal amount of convertible bonds.
Selected HKEX Announcements | CITIC Resources expects interim profit exceeding HK$200 million; China Coal Energy's coal sales volume declined by approximately 10% year-on-year in the first five months
① CITIC Resources expects interim profit to exceed HK$200 million—what is the year-on-year growth rate? ② China Coal Energy’s coal sales for the first five months declined by approximately 10% year-on-year—how did sales perform in May?
China Southern Airlines Company Limited (01055) reported a 4.20% year-on-year decline in passenger traffic for May.
China Southern Airlines Co., Ltd. (01055) announced that in May 2026, the Group’s passenger capacity (measured in available seat kilometers) decreased by 2.85% year-over-year, with domestic and regional segments declining by 7.64% and 6.35%, respectively, while international capacity increased by 10.55%. Passenger traffic (measured in revenue passenger kilometers) declined by 4.20% year-over-year, with domestic and regional segments down by 8.84% and 0.53%, respectively, and international traffic up by 9.00%. The passenger load factor was 84.69%, a decrease of 1.19 percentage points year-over-year, with domestic and international segments down by 1.13 and 1.18 percentage points, respectively, while the regional segment rose by 4.69 percentage points.
Hong Kong Market Close (06.15) | Hang Seng Index Rises 0.5%; AI Hardware Stocks Strong Throughout the Day; Gold and Airline Stocks Surge Collectively
U.S.-Iran talks achieved a breakthrough, prompting the three major Hang Seng indices to open higher collectively, though gains subsequently narrowed.
Hong Kong-listed airline stocks rallied across the board, as a U.S.-Iran agreement sent oil prices sharply lower, and improved supply-demand dynamics are expected to boost carriers' performance during the peak travel season.
On June 14 local time, U.S. President Trump announced that a peace agreement with Iran has been formally reached and the Strait of Hormuz has been opened.
Hong Kong Stock Market Concept Tracker | U.S.-Iran Peace Agreement Reached; Airline Sector May See Valuation Recovery (Including Related Stocks)
Iran's Supreme National Security Council has officially confirmed the conclusion of a U.S.-Iran memorandum of understanding.