Core Viewpoint - The report from CICC indicates an upward revision of profit forecasts for China Eastern Airlines (600115.SH, 00670) for 2026, leading to an increase in valuation expectations as the market cycle deepens [1] Group 1: Target Price Adjustments - The target price for China Eastern Airlines' A-shares has been raised by 30% to 6.5 CNY, corresponding to a 24.4 times price-to-earnings ratio for 2026 [1] - The target price for the H-shares has been increased by 56.7% to 5.5 HKD, reflecting an 18.7 times price-to-earnings ratio for 2026 [1] Group 2: Financial Performance - In Q3, the company reported revenue of 39.59 billion CNY, a year-on-year increase of 3.1% [1] - The net profit for the same period was 3.53 billion CNY, translating to earnings per share of 0.16 CNY, which is a 34.4% year-on-year growth [1] - The performance was largely in line with expectations from CICC [1] Group 3: Cost and Pricing Dynamics - A decrease in oil prices contributed to a reduction in unit operating costs, which fell by 4.3% year-on-year [1] - The decline in domestic oil prices was noted at 11.2% year-on-year [1] - Due to lower-than-expected ticket prices in the first three quarters of 2025, the net profit forecast for 2025 has been cut by 37.5% to 1.49 billion CNY [1] - However, with improved ticket price expectations, the net profit forecast for 2026 has been raised by 8.3% to 5.93 billion CNY [1]

每经AI快讯，航空股普遍走高，截至发稿，东方航空(00670.HK)涨5.29%，报4.38港元；中国国航 (00753.HK)涨3.92%，报6.1港元；南方航空(01055.HK)涨2.08%，报4.89港元；国泰航空(00293.HK)涨 0.36%，报11.27港元。 （文章来源：每日经济新闻） ...

Core Viewpoint - China Eastern Airlines has shown a significant recovery in its financial performance, with a notable increase in revenue and a return to profitability in the third quarter of 2025 [1] Financial Performance - The company reported operating revenue of 106.41 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 3.73% [1] - The net profit attributable to shareholders reached 2.103 billion yuan, a turnaround from a loss of 138 million yuan in the same period last year [1] - Basic earnings per share were reported at 0.09 yuan [1] Market and Industry Insights - CICC noted that the third-quarter performance of China Eastern Airlines met their expectations, indicating a recovery in business travel [1] - The company benefits from high-quality business routes and a significant proportion of business travelers, which enhances its profit elasticity [1] - Since September, ticket prices have been on the rise, attributed to the aviation industry's efforts to combat "involution," suggesting that the company is well-positioned to benefit from this trend [1]

（文章来源：每日经济新闻） 每经AI快讯，中国东方航空股份(00670.HK)涨近3%，截至发稿，涨2.88%，报4.28港元，成交额3103.79 万港元。 ...

Core Viewpoint - China Eastern Airlines has shown a significant recovery in its financial performance, with a notable increase in revenue and a return to profitability in the third quarter of 2025 [1] Financial Performance - The company reported operating revenue of 106.41 billion yuan for the first three quarters of 2025, representing a year-on-year increase of 3.73% [1] - The net profit attributable to shareholders was 2.103 billion yuan, a turnaround from a loss of 138 million yuan in the same period last year [1] - Basic earnings per share stood at 0.09 yuan [1] Market Analysis - CICC noted that the third-quarter performance of China Eastern Airlines met their expectations [1] - The rebound in business travel is highlighted, with a continuous month-on-month recovery [1] - The company benefits from high-quality business routes and a significant proportion of business travelers, leading to greater profit elasticity [1] - Since September, ticket prices have been on the rise, which is linked to the civil aviation industry's efforts to combat "involution" [1] - The ongoing industry trend of "anti-involution" is expected to favor the company [1]

Core Viewpoint - China Eastern Airlines (600115.SH) announced that as of October 31, 2025, the company has repurchased a total of 20,355,990 shares, which accounts for 0.9132% of the company's total shares [1] Summary by Category - **Share Repurchase Details** - The total number of shares repurchased by China Eastern Airlines is 20,355,990 [1] - This repurchase represents 0.9132% of the company's total share count [1]

证券日报网讯11月4日晚间，中国东航（600115）发布公告称，2025年10月份，公司未进行A股回购。 ...

Core Viewpoint - China Eastern Airlines has completed a total of 204 million shares repurchase as of October 31, 2025, representing 0.9132% of the company's total shares [1] Summary by Category Share Repurchase - As of October 31, 2025, the company has repurchased a total of 20.4 million shares, which is 0.9132% of the total shares outstanding [1] - The total number of A-shares repurchased is approximately 89.55 million, accounting for 0.4017% of the total share capital, with a total transaction amount of about 337 million yuan (excluding transaction fees) [1] - The total number of H-shares repurchased is approximately 114 million, representing 0.5114% of the total share capital, with a total transaction amount of about 311 million Hong Kong dollars (excluding transaction fees) [1] Price Information - The highest price for A-shares repurchased was 4.10 yuan per share, while the lowest price was 3.53 yuan per share [1] - The highest price for H-shares repurchased was 3.03 Hong Kong dollars per share, and the lowest price was 2.26 Hong Kong dollars per share [1]

截至2025年10月31日，公司累计完成回购A股数量为8955.39万股(约占公司总股本的0.4017%)，回购成 交的最高价为4.10元/股，最低价为3.53元/股，成交总金额约为3.37亿元(不含交易费用)。 截至2025年10月31日，公司累计完成回购H股数量为1.14亿股(约占公司总股本的0.5114%)，回购成交的 最高价为3.03港元/股，最低价为2.26港元/股，成交总金额约为3.11亿港元(不含交易费用)。 中国东方航空股份(00670)发布公告，2025年10月，公司未进行回购。截至2025年10月31日，公司累计 完成回购股份数量为2.04亿股，占公司总股份数的0.9132%。本次回购符合相关法律法规的规定及公司 既定的回购股份方案。 ...

格隆汇11月4日丨中国东方航空股份(00670.HK)公告，2025年10月，公司未进行A股回购。截至2025年 10月31日，公司累计完成回购A股数量为8,955.39万股(约占公司总股本的0.4017%)，回购成交的最高价 为4.10元/股，最低价为3.53元/股，成交总金额约为33,680.02万元(不含交易费用)。 ...