Core Viewpoint - The aviation and airport sector experienced a slight increase of 0.01% on October 16, with HNA Holding leading the gains. The Shanghai Composite Index closed at 3916.23, up 0.1%, while the Shenzhen Component Index closed at 13086.41, down 0.25 [1]. Group 1: Stock Performance - HNA Holding closed at 1.70, up 1.80%, with a trading volume of 7.57 million shares and a transaction value of 1.268 billion [1]. - China Eastern Airlines closed at 4.45, up 1.37%, with a trading volume of 1.857 million shares and a transaction value of 824 million [1]. - China Southern Airlines closed at 6.26, down 0.63%, with a trading volume of 801,400 shares and a transaction value of 505 million [1]. - Xiamen Airport closed at 14.61, down 0.20%, with a trading volume of 15,700 shares and a transaction value of 22.9132 million [1]. Group 2: Capital Flow - The aviation and airport sector saw a net inflow of 77.165 million from institutional investors, while retail investors contributed a net inflow of 196 million. However, speculative funds experienced a net outflow of 273 million [2][3]. - China National Airlines had a net inflow of 126 million from institutional investors, representing 14.80% of its total capital flow [3]. - HNA Holding experienced a net inflow of 99.195 million from institutional investors, accounting for 7.82% of its total capital flow [3].

Core Insights - The aviation and airport sector experienced a significant increase of 4.15% on October 15, with Huaxia Airlines leading the gains [1] - The Shanghai Composite Index closed at 3912.21, up 1.22%, while the Shenzhen Component Index closed at 13118.75, up 1.73% [1] Stock Performance Summary - Huaxia Airlines (002928) closed at 10.76, up 10.02% with a trading volume of 355,600 shares and a transaction value of 369 million [1] - China National Aviation (601111) closed at 8.27, up 6.99% with a trading volume of 1,570,800 shares and a transaction value of 1.269 billion [1] - 吉祥航空 (603885) closed at 14.05, up 6.76% with a trading volume of 391,300 shares and a transaction value of 539 million [1] - China Eastern Airlines (600115) closed at 4.39, up 5.78% with a trading volume of 2,425,000 shares and a transaction value of 1.046 billion [1] - China Southern Airlines (600029) closed at 6.30, up 5.18% with a trading volume of 1,435,300 shares and a transaction value of 889 million [1] - Spring Airlines (601021) closed at 53.68, up 2.85% with a trading volume of 107,000 shares and a transaction value of 566 million [1] - HNA Holding (600221) closed at 1.67, up 2.45% with a trading volume of 5,192,500 shares and a transaction value of 859 million [1] - Shenzhen Airport (000089) closed at 7.10, up 1.28% with a trading volume of 141,200 shares and a transaction value of 99.67 million [1] - Shanghai Airport (600009) closed at 31.88, up 0.92% with a trading volume of 91,400 shares and a transaction value of 290 million [1] - Baiyun Airport (600004) closed at 9.60, up 0.63% with a trading volume of 212,200 shares and a transaction value of 203 million [1] Capital Flow Analysis - The aviation and airport sector saw a net inflow of 362 million from institutional investors, while retail investors experienced a net outflow of 206 million [2] - Major stocks like HNA Holding and China Southern Airlines had varying net inflows and outflows from different investor types, indicating mixed investor sentiment [3] - HNA Holding had a net inflow of 11.7 million from institutional investors, while retail investors showed a net outflow of 47.34 million [3]

Core Insights - Shanghai Airport (600009.SH) reported significant growth in September, with Pudong International Airport's aircraft movements reaching 45,855, a year-on-year increase of 5.66% [1] - Passenger throughput at Pudong International Airport was 6.9857 million, reflecting a year-on-year growth of 11.69% [1] - Cargo and mail throughput at Pudong International Airport totaled 352,600 tons, marking a year-on-year increase of 10.32% [1] - Hongqiao International Airport recorded 23,260 aircraft movements, up 4.43% year-on-year [1] - Passenger throughput at Hongqiao International Airport was 4.0893 million, with a year-on-year increase of 6.05% [1] - Cargo and mail throughput at Hongqiao International Airport reached 40,200 tons, showing a year-on-year growth of 5.83% [1]

Summary of Key Points Core Viewpoint - Shanghai Airport reported significant growth in transportation metrics for September 2025, indicating a positive trend in both passenger and cargo traffic at its two main airports, Pudong International Airport and Hongqiao International Airport [2]. Group 1: Pudong International Airport Performance - The total number of aircraft movements reached 45,855, representing a year-on-year increase of 5.66% [2]. - Passenger throughput was 6.9857 million, showing a year-on-year growth of 11.69% [2]. - Cargo and mail throughput amounted to 352.6 thousand tons, with a year-on-year increase of 10.32% [2]. - Domestic flights accounted for 25,704 movements, up 2.68% year-on-year [2]. - International flights saw 17,329 movements, reflecting a 10.52% increase year-on-year [2]. Group 2: Hongqiao International Airport Performance - The total number of aircraft movements was 23,260, marking a year-on-year increase of 4.43% [2]. - Passenger throughput reached 4.0893 million, with a year-on-year growth of 6.05% [2]. - Cargo and mail throughput was 40.2 thousand tons, showing a year-on-year increase of 5.83% [2]. - Domestic flights comprised 21,639 movements, up 4.72% year-on-year [2]. - International flights recorded 555 movements, down 1.42% year-on-year [2].

Core Insights - The aviation and airport sector saw a slight increase of 0.31% on October 14, with China Eastern Airlines leading the gains [1] - The Shanghai Composite Index closed at 3865.23, down 0.62%, while the Shenzhen Component Index closed at 12895.11, down 2.54% [1] Stock Performance - China Eastern Airlines (600115) closed at 4.15, up 1.22% with a trading volume of 1.0534 million shares and a transaction value of 436 million [1] - Xiamen Airport (600897) closed at 14.56, up 1.04% with a trading volume of 19,800 shares [1] - Baiyun Airport (600004) closed at 9.54, up 0.85% with a trading volume of 179,400 shares [1] - HNA Holding (600221) closed at 1.63, up 0.62% with a trading volume of 5.3673 million shares [1] - Spring Airlines (601021) closed at 52.19, up 0.35% with a trading volume of 42,000 shares [1] Capital Flow - The aviation and airport sector experienced a net outflow of 54.71 million from institutional investors, while retail investors saw a net inflow of 97.49 million [2][3] - Major stocks like China Eastern Airlines and HNA Holding had mixed capital flows, with significant outflows from institutional and speculative investors [3]

证券代码：600009 证券简称：上海机场 公告编号：临 2025-049 上海国际机场股份有限公司 2025年9月运输生产情况简报 上海国际机场股份有限公司 董事会 2025 年 10 月 15 日 1 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏，并对其内容的真实性、准确性和完整性承 担法律责任。 | 浦东国际机场 | | 飞机起降量（架次） | | 旅客吞吐量（万人次） | | 货邮吞吐量（万吨） | | --- | --- | --- | --- | --- | --- | --- | | | 本月 | 同比±% | 本月 | 同比±% | 本月 | 同比±% | | 总计 | 45,855 | 5.66 | 698.57 | 11.69 | 35.26 | 10.32 | | 境内航线 | 25,704 | 2.68 | 387.16 | 6.99 | 3.13 | 2.38 | | 境外航线 | 19,810 | 9.87 | 311.40 | 18.15 | 32.13 | 11.16 | | -国际航线 | 17,329 | 10.52 | 271.62 | ...

Core Insights - Shanghai Airport (600009.SH) reported its transportation production data for September 2025, showing significant growth in various metrics [1] Group 1: Airport Performance - Pudong International Airport recorded a total of 45,855 aircraft takeoffs and landings, representing a year-on-year increase of 5.66% [1] - The passenger volume at Pudong International Airport reached 6.9857 million, marking a year-on-year growth of 11.69% [1] - Cargo and mail volume at Pudong International Airport amounted to 352.6 thousand tons, reflecting a year-on-year increase of 10.32% [1] Group 2: Hongqiao International Airport Performance - Hongqiao International Airport had a total of 23,260 aircraft takeoffs and landings, which is a year-on-year increase of 4.43% [1] - The passenger volume at Hongqiao International Airport was 4.0893 million, showing a year-on-year growth of 6.05% [1] - Cargo and mail volume at Hongqiao International Airport reached 40.2 thousand tons, with a year-on-year increase of 5.83% [1]

Core Insights - Shanghai Airport (600009.SH) reported its transportation production data for September 2025, showing significant growth in various metrics [1] Group 1: Pudong International Airport Performance - Total aircraft movements reached 45,855, representing a year-on-year increase of 5.66% [1] - Passenger throughput was 6.9857 million, reflecting a year-on-year growth of 11.69% [1] - Cargo and mail throughput amounted to 352,600 tons, with a year-on-year increase of 10.32% [1] Group 2: Hongqiao International Airport Performance - Total aircraft movements totaled 23,260, marking a year-on-year increase of 4.43% [1] - Passenger throughput reached 4.0893 million, showing a year-on-year growth of 6.05% [1] - Cargo and mail throughput was 40,200 tons, with a year-on-year increase of 5.83% [1]

Core Insights - Shanghai Airport reported significant growth in September 2023, with Pudong International Airport's aircraft takeoffs and landings reaching 45,855, a year-on-year increase of 5.66% [1] - Passenger throughput at Pudong International Airport was 6.9857 million, reflecting a year-on-year growth of 11.69% [1] - Cargo and mail throughput at Pudong International Airport totaled 352,600 tons, marking a year-on-year increase of 10.32% [1] - Hongqiao International Airport recorded 23,260 aircraft movements, up 4.43% year-on-year [1] - Passenger throughput at Hongqiao International Airport was 4.0893 million, with a year-on-year increase of 6.05% [1] - Cargo and mail throughput at Hongqiao International Airport reached 40,200 tons, showing a year-on-year growth of 5.83% [1]

Core Insights - Shanghai Airport announced that by September 2025, the number of aircraft takeoffs and landings at Pudong International Airport is projected to reach 45,855, representing a year-on-year increase of 5.66% [1] - The passenger throughput is expected to be 6.9857 million, reflecting a year-on-year growth of 11.69% [1] - The cargo and mail throughput is anticipated to reach 352,600 tons, with a year-on-year increase of 10.32% [1] Domestic Operations - For domestic routes, the number of aircraft takeoffs and landings is expected to be 25,704, showing a year-on-year increase of 2.68% [1] - The passenger throughput for domestic routes is projected to be 3.8716 million, with a year-on-year growth of 6.99% [1] - The cargo and mail throughput for domestic routes is expected to reach 31,300 tons, reflecting a year-on-year increase of 2.38% [1] International Operations - For international routes, the number of aircraft takeoffs and landings is projected to be 19,810, indicating a year-on-year increase of 9.87% [1] - The passenger throughput for international routes is expected to be 3.114 million, with a year-on-year growth of 18.15% [1] - The cargo and mail throughput for international routes is anticipated to reach 321,300 tons, reflecting a year-on-year increase of 11.16% [1]