Market Overview - On October 23, the aviation and airport sector rose by 0.38% compared to the previous trading day, with Shenzhen Airport leading the gains [1] - The Shanghai Composite Index closed at 3922.41, up 0.22%, while the Shenzhen Component Index closed at 13025.45, also up 0.22% [1] Stock Performance - Shenzhen Airport (000089) closed at 7.40, up 3.06% with a trading volume of 554,900 shares and a turnover of 408 million yuan [1] - Xiamen Airport (600897) closed at 15.35, up 1.12% with a trading volume of 67,900 shares and a turnover of 105 million yuan [1] - China Eastern Airlines (600115) closed at 4.94, up 0.82% with a trading volume of 966,200 shares and a turnover of 473 million yuan [1] - China Southern Airlines (600029) closed at 6.66, up 0.45% with a trading volume of 608,500 shares and a turnover of 403 million yuan [1] Capital Flow - The aviation and airport sector saw a net inflow of 32.22 million yuan from institutional investors, while retail investors experienced a net inflow of 35.07 million yuan [2] - However, speculative funds recorded a net outflow of 67.29 million yuan [2] Individual Stock Capital Flow - China Southern Airlines (600029) had a net inflow of 69.47 million yuan from institutional investors, while it faced a net outflow of 34.49 million yuan from speculative funds [3] - China Eastern Airlines (600115) saw a net inflow of 39.42 million yuan from institutional investors, with a net outflow of 3.79 million yuan from speculative funds [3] - Shenzhen Airport (000089) experienced a net outflow of 11.13 million yuan from institutional investors, but had a net inflow of 5.62 million yuan from retail investors [3]

Market Overview - On October 22, the aviation and airport sector declined by 0.19% compared to the previous trading day, with Huaxia Airlines leading the decline [1] - The Shanghai Composite Index closed at 3913.76, down 0.07%, while the Shenzhen Component Index closed at 12996.61, down 0.62% [1] Stock Performance - Key stocks in the aviation and airport sector showed mixed performance, with China Eastern Airlines up by 0.82% to 4.90, while Huaxia Airlines fell by 2.36% to 10.77 [2][3] - The trading volume and turnover for major stocks included: - China Eastern Airlines: 1.0972 million shares, turnover of 534 million yuan - Huaxia Airlines: 327,400 shares, turnover of 351 million yuan - Xiamen Airport: 48,400 shares, turnover of 73.69 million yuan [1][2] Capital Flow - The aviation and airport sector experienced a net outflow of 152 million yuan from institutional investors, while retail investors saw a net inflow of 168 million yuan [2][3] - Detailed capital flow for selected stocks included: - China Eastern Airlines: Net inflow of 50.62 million yuan from institutional investors - Huaxia Airlines: Net inflow of 2.51 million yuan from institutional investors - Xiamen Airport: Net outflow of 6.81 million yuan from institutional investors [3]

Group 1 - The 138th Canton Fair has concluded its first phase and the second phase will take place from October 23 to 27, indicating a significant event for international trade [1] - The fair has led to an increase in the number of inbound and outbound travelers at various ports in Guangdong compared to the same period last year [1] - At Shenzhen Bao'an International Airport, foreign travelers accounted for approximately 40% of the arrivals during the period from October 13 to 21, highlighting the fair's role in attracting international visitors [1] Group 2 - Shenzhen Airport is the closest open port to the Canton Fair, benefiting from rich international flight routes and convenient entry policies, which facilitate foreign travelers attending the fair [2] - Over 47,000 foreign travelers passed through Shenzhen Airport between October 13 and 21, showcasing the airport's significance in supporting the fair's attendance [2]

Core Points - The 138th Canton Fair's first phase has concluded, with the second phase scheduled from October 23 to 27, indicating a significant event for international trade [1] - There has been a notable increase in the number of inbound and outbound travelers at various ports in Guangdong, particularly in Shenzhen, where foreign travelers exceeded 47,000 from October 13 to 21, marking a 25% year-on-year growth [1] - Shenzhen Bao'an International Airport has seen a surge in international flights, with foreign travelers making up approximately 40% of arrivals, many of whom are attending the Canton Fair [1] Traveler Insights - A Mexican traveler mentioned participation in the fair to showcase products related to IP telephony and access control devices [1] - A Malaysian traveler expressed excitement about visiting China for the first time, highlighting the convenience of visa-free policies that save time [1] Airport Operations - Shenzhen Airport is the closest open port to the Canton Fair, benefiting from rich international flight routes and favorable entry policies, contributing to the increase in foreign travelers [1] - The peak daily passenger flow at Shenzhen Airport has increased by 50% compared to normal levels during this period [1] - The deputy team leader of the Shenzhen Airport border inspection station anticipates further growth in foreign traveler numbers during the upcoming phases of the Canton Fair [1]

近日，第138届广交会第一期落下帷幕。记者从深圳边检总站了解到，连日来，受广交会影响，深圳宝 安国际机场外籍旅客数量显著攀升。据深圳边检总站数据显示，截至10月19日，一个星期来，经深圳机 场口岸出入境的外国人数量同比增长40%。其中，单日最大客流量较平常增长50%，每日5时至7时、12 时至13时、16时至18时是入境客流高峰时段。（深圳特区报） ...

Core Insights - The 138th Canton Fair's first phase concluded on October 19, leading to a 40% year-on-year increase in foreign passenger traffic at Shenzhen Airport [1][3] - The peak daily passenger flow increased by 50% compared to normal levels, with specific high-traffic hours identified [1] - The number of foreign visitors entering Shenzhen from October 13 to 19 rose by 54%, with 64% of these visitors benefiting from visa-free entry, marking a 128% increase [1] Group 1 - Shenzhen Airport is the closest international port to the Canton Fair, facilitating a significant influx of foreign travelers [1][3] - Major countries contributing to the foreign visitor count include Malaysia, South Korea, and Singapore [1] - The airport has implemented measures to ensure efficient customs processing, including enhanced communication with airlines and a specialized foreign passenger inspection model [3] Group 2 - Many foreign travelers expressed interest in attending the Canton Fair to explore high-tech products and business opportunities [3] - The airport's measures include providing dedicated personnel for guidance, language translation, and policy interpretation to improve the entry experience [3]

Core Insights - The aviation and airport sector experienced a significant increase of 3.27% on October 20, with China Eastern Airlines leading the gains [1] - The Shanghai Composite Index closed at 3863.89, up 0.63%, while the Shenzhen Component Index closed at 12813.21, up 0.98% [1] Stock Performance - China Eastern Airlines (600115) closed at 4.78, up 6.70%, with a trading volume of 3.0187 million shares and a turnover of 1.412 billion [1] - Southern Airlines (600029) closed at 6.60, up 6.28%, with a trading volume of 1.7359 million shares and a turnover of 1.122 billion [1] - Xiamen Airport (600897) saw a decline of 0.85%, closing at 15.20, with a trading volume of 130,300 shares [2] Capital Flow - The aviation and airport sector saw a net inflow of 757 million in main funds, while retail investors experienced a net outflow of 534 million [2][3] - Southern Airlines had a net inflow of 184 million from main funds, but a net outflow of 134 million from retail investors [3] - China Eastern Airlines recorded a net inflow of 150 million from main funds, with a net outflow of 147 million from retail investors [3]

Core Insights - Shenzhen Customs reported that the international and regional cargo throughput at Shenzhen Airport reached 771,000 tons in the first nine months of this year, marking a year-on-year increase of 12.7%, which is a historical high for the same period [1] Group 1 - The cargo throughput at Shenzhen Airport demonstrates strong logistics vitality [1]

Core Insights - The core point of the article highlights the significant growth in international and regional cargo throughput at Shenzhen Airport, reaching a record high in the first nine months of the year, indicating strong logistics vitality at the Shenzhen air port [1] Group 1 - Shenzhen Airport's international and regional cargo throughput reached 771,000 tons in the first nine months of the year [1] - This figure represents a year-on-year increase of 12.7%, marking the highest level for the same period in history [1]

Core Viewpoint - Shenzhen Airport's stock price increased slightly to 7.1 yuan, with a market capitalization of 14.56 billion yuan, ranking 10th in the aviation sector and 1264th in the A-share market [1] Group 1: Operational Performance - In September 2025, the passenger throughput reached 5.1016 million, a year-on-year increase of 3.18%, with international passenger throughput at 456,800, up 14.45% [2][3] - Cumulative passenger throughput for the year reached 48.9135 million, reflecting an 8.15% year-on-year growth, while cumulative international passenger throughput was 4.2889 million, up 25.76% [2] - In terms of cargo and mail throughput, September figures were 170,800 tons, a 4.94% increase year-on-year, with cumulative figures for the year at 1.4988 million tons, up 11.73% [2] - Cumulative international cargo and mail throughput reached 720,600 tons, marking a 13.35% increase [2] - The number of flight takeoffs and landings in September was 34,616, a decrease of 0.86% year-on-year, while cumulative figures for the year were 331,830, reflecting a 4.87% increase [2][3] - Cumulative international flight takeoffs and landings were 43,981, showing a year-on-year growth of 19.54% [2][3]