Core Viewpoint - China Eastern Airlines will officially launch a new route from Shanghai Pudong to Auckland and Buenos Aires on December 4, significantly reshaping travel paths between China and South America, while also setting a record for the world's longest one-way flight [1]. Group 1 - The new route covers a distance of 20,000 kilometers, reducing travel time by over 4 hours compared to previous options [1]. - The total flight duration to Argentina, including a 2-hour and 25-minute stop in Auckland, is nearly 26 hours [1]. - China Eastern Airlines has applied for the fifth freedom rights on this route, allowing it to pick up and drop off passengers and cargo at Auckland Airport [1].

Core Viewpoint - China Eastern Airlines will officially launch a new route from Shanghai Pudong to Auckland and Buenos Aires, significantly reshaping travel paths between China and South America, while also setting a record for the longest single-route flight in the world [1] Group 1: Route Details - The new route covers a distance of 20,000 kilometers, reducing travel time by over 4 hours compared to previous options [1] - The total flight duration to Argentina, including a 2-hour and 25-minute stop in Auckland, is nearly 26 hours [1] Group 2: Operational Aspects - China Eastern Airlines has applied for the fifth freedom rights on this route, allowing the airline to pick up and drop off passengers and cargo at Auckland Airport [1]

Market Overview - The Hong Kong stock market experienced a significant decline, with the Hang Seng Index falling by 1.28% to close at 25,760.73 points, while the Hang Seng China Enterprises Index and the Hang Seng Tech Index dropped by 1.68% and 1.58%, respectively [1][2]. Sector Performance - Major technology stocks and large financial stocks collectively dragged down market sentiment, with notable declines in companies like Bilibili (-3%), NetEase (-2.94%), and Alibaba (-2.17%) [4][5]. - The financial sector also faced losses, particularly in insurance stocks, with China Pacific Insurance down by 4% and China Life Insurance down by over 3% [6]. - The biopharmaceutical sector saw declines, with WuXi AppTec falling by over 3% and other major players like BeiGene and WuXi Biologics also experiencing losses [7]. Commodity and Other Stocks - In contrast, stocks in the non-ferrous metals and precious metals sectors performed well, with China Molybdenum and China Aluminum rising by over 2% [8]. - Airline stocks strengthened, with China Eastern Airlines and China Southern Airlines both gaining over 2%, supported by a new action plan promoting the integration of cultural tourism and civil aviation [9]. Capital Flows - Southbound capital saw a net inflow of 2.279 billion HKD, indicating continued interest in Hong Kong stocks from mainland investors [9]. Future Outlook - Analysts suggest that the current market adjustments may create opportunities for recovery in 2026, with expectations of a necessary interest rate cut in December due to rising unemployment and declining real wages [11].

Core Insights - The article highlights the top and bottom AH share premium rates as of December 3, with Northeast Electric (00042) leading at a premium rate of 900.00% [1][2]. Group 1: Top AH Share Premium Rates - Northeast Electric (00042) has the highest premium rate at 900.00% with H-share priced at 0.270 HKD and A-share at 2.25 CNY [2]. - Hongye Futures (03678) follows with a premium rate of 276.85%, H-share at 3.240 HKD and A-share at 10.19 CNY [2]. - Sinopec Oilfield Service (01033) ranks third with a premium rate of 265.79%, H-share at 0.760 HKD and A-share at 2.32 CNY [2]. Group 2: Bottom AH Share Premium Rates - Contemporary Amperex Technology (03750) has the lowest premium rate at -4.88%, with H-share priced at 473.600 HKD and A-share at 376.08 CNY [2]. - China Merchants Bank (03968) has a premium rate of -0.25%, H-share at 51.650 HKD and A-share at 43.01 CNY [2]. - Heng Rui Medicine (01276) follows with a premium rate of 1.71%, H-share at 71.800 HKD and A-share at 60.97 CNY [2]. Group 3: Premium Deviation Values - Guanghe Communication (00638) has the highest deviation value at 49.00% [1][3]. - Northeast Electric (00042) also features prominently with a deviation value of 36.60% [1][3]. - Chenming Paper (01812) ranks third with a deviation value of 26.74% [1][3]. Group 4: Bottom Premium Deviation Values - GAC Group (02238) has the lowest deviation value at -26.76% [1][3]. - Junsheng Electronics (00699) follows with a deviation value of -18.54% [1][3]. - Jiangsu Ninghu Highway (00177) has a deviation value of -15.01% [1][3].

Core Viewpoint - China Eastern Airlines Yunnan Company has announced the enhancement of the Kunming to Dubai international route, aiming to provide a more convenient travel experience for passengers and support regional connectivity and economic development [1] Group 1: Route Enhancement - The Kunming to Dubai round-trip flight MU755/6, previously operating on Tuesdays, Thursdays, and Saturdays, will be increased in frequency [1] - From December 3 to December 31, 2025, an additional flight will be added on Wednesdays, followed by another on Fridays starting January 2, 2026, leading to a regular operation of five flights per week (Tuesdays, Wednesdays, Thursdays, Fridays, and Saturdays) [1] Group 2: Aircraft and Capacity - The flights will utilize the B787-9 wide-body aircraft, significantly increasing the capacity of the route [1] Group 3: Strategic Importance - Dubai, as a global aviation hub, will enhance the network effect of China Eastern Airlines, establishing an aerial bridge between Southwest China and the Middle East, as well as globally [1] - This route enhancement will facilitate cross-border tourism, business negotiations, and cultural exchanges, thereby supporting regional connectivity and socio-economic development [1]

《中国民航报》、中国民航网 记者胡夕姮 通讯员陆赛杰 报道：12月2日，由东方航空技术有限公司 （以下简称"东航技术"）打造的国内民航领域首个装配式机库，在南昌昌北国际机场正式投运。这一创 新性基建项目标志着我国民航在维修设施建设模式上取得重要突破，为行业提质增效提供新路径。 这一项目的顺利建成，得益于多方协作的高效推动。江西监管局、江西省机场集团、东航江西分公司、 东航资产投资，以及上海云锦智建、中国航空规划设计研究总院、江西中金建设集团等单位在项目建设 过程中密切配合，共同克服技术与管理难题，确保工程高质量完成。 该机库不仅将显著提升东航技术在江西地区的飞机维修保障能力，还将为国产C909飞机的规模化运行 提供重要支撑。作为民航维修设施建设的一次开创性探索，该项目有助于推动构建国产民机在江西"制 造—运行—维修"的全产业链闭环，为江西实施航空强省战略、培育航空产业新生态提供新引擎。 东航技术表示，未来将以江西试点为基础，全面总结装配式机库的建设与运营经验，逐步完善模块化设 计与专项管理体系，并逐步推动该创新模式在更多维修站点推广应用。 随着这座装配式机库在南昌正式启用，东航技术在基础设施智能化、绿色化转型 ...

智通财经APP讯，中国东方航空股份(00670)公布，于 2025 年 12 月 2 日，董事会同意选举高飞为公司第十届董事会副董事长，同意调整董事会航空安全与环 境委员会组成人员，提名高飞担任该委员会委员及主席，任期与第十届董事会任期一致。 ...

智通财经APP讯，中国东方航空股份(00670)公布，于 2025 年 12 月 2 日，董事会同意选举高飞为公司第 十届董事会副董事长，同意调整董事会航空安全与环境委员会组成人员，提名高飞担任该委员会委员及 主席，任期与第十届董事会任期一致。 ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 於本公告日期，本公司董事包括王志清（董事長）、高飛（副董事長、總經理）、成國偉（董事）、孫錚（獨立非執行董 事）、陸雄文（獨立非執行董事）、羅群（獨立非執行董事）、馮詠儀（獨立非執行董事）、鄭洪峰（獨立非執行董事）及 揭小清（職工董事）。 海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 茲載列中國東方航空股份有限公司在上海證券交易所網站刊登的以下資料中文全文，僅供參 閱： 承董事會命 中國東方航空股份有限公司 李干斌 聯席公司秘書 中華人民共和國，上海 2025年12月2日 中国北京建国门外大街 1 号国贸写字楼 2 座 12-15 层 100004 12-15th Floor, China World Office 2, No. 1 Jianguomenwai Avenue, Beijin ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表 任何聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任 何責任。 （在中華人民共和國註冊成立的股份有限公司） （股份代號：00670） 2025年12月2日 茲載列中國東方航空股份有限公司在上海證券交易所網站刊登的以下資料中文全文，僅供參 閱： 於本公告日期，本公司董事包括王志清（董事長）、高飛（副董事長、總經理）、成國偉（董事）、孫錚（獨立非執行董 事）、陸雄文（獨立非執行董事）、羅群（獨立非執行董事）、馮詠儀（獨立非執行董事）、鄭洪峰（獨立非執行董事）及 揭小清（職工董事）。 承董事會命 中國東方航空股份有限公司 李干斌 聯席公司秘書 中国东方航空股份有限公司 China Eastern Airlines Co., Ltd. 海外監管公告 此海外監管公告是根據香港聯合交易所有限公司證券上市規則第13.10B條作出。 中華人民共和國，上海 同意选举高飞为公司第十届董事会副董事长，任期与本届董事会任期一致。 二、审议通过《关于调整公司董事会航空安全与环境委员会组成人员 ...