每周股票复盘：深圳机场（000089）国际旅客吞吐量同比增长30.07%

Core Viewpoint - Shenzhen Airport is experiencing growth in international passenger traffic and has successfully completed the expansion of its third runway, which will enhance its operational capacity and service quality in the Guangdong-Hong Kong-Macao Greater Bay Area [2][3][4] Group 1: International Passenger Traffic - As of the end of July 2025, Shenzhen Airport's international passenger throughput reached 3.3058 million, representing a year-on-year increase of 30.07% [2][4] - The airport has opened or increased flights to several international destinations, including Vientiane, Mexico City, Riyadh, and Singapore, which has significantly boosted the international passenger market [2] Group 2: Infrastructure Development - The third runway expansion project at Shenzhen Airport officially commenced in March 2020 and has recently passed completion acceptance, laying a solid foundation for subsequent test flights and official operations [3][4] - The operationalization of the third runway is expected to enhance the airport's capacity for passenger and cargo transport, further strengthening its role in the Greater Bay Area [3] Group 3: Cost Management - Shenzhen Airport is focusing on cost control, particularly in managing fixed expenses such as labor costs, depreciation, and maintenance fees, by implementing a "tight budget" approach and reducing unnecessary expenditures [3][4]