Group 1 - The core viewpoint of the article highlights the continuous rise in Hong Kong aviation stocks, particularly China Eastern Airlines, which has increased nearly 7% and over 20% in four consecutive days, while China Southern Airlines and Air China have risen over 4% [1] - According to a report from Zhongtai Securities, the total flight hours of domestic airlines for the winter-spring season of 2025 are expected to decline both year-on-year and month-on-month, suggesting that controlling total capacity and adjusting structure may drive ticket prices, leading to a positive outlook for aviation investment opportunities under low expectations [1] - The report indicates that with the slowdown in fleet growth and no significant increase in first-tier time resources, supply constraints in the aviation industry remain strong, and high passenger load factors combined with industry initiatives against excessive competition may lead to a recovery in ticket prices [1] Group 2 - According to Xinda Securities, the fourth quarter is entering a low season dominated by business travel, and due to a low base last year, there may be significant year-on-year improvements, which will help airlines' unit revenue continue to recover [1] - The latest stock prices and changes for the mentioned airlines are: China Eastern Airlines at 3.820 with a 6.70% increase, China Southern Airlines at 4.580 with a 4.33% increase, and Air China at 6.130 with a 4.25% increase [1]
港股异动丨三大航空股继续上涨 东航4日连涨超20% 券商持续唱好