Core Viewpoint - Hong Kong aviation stocks are rising against the trend, with China Eastern Airlines reaching a new high, and overall positive performance expected in Q4 due to market dynamics and demand growth [1] Group 1: Stock Performance - China Eastern Airlines increased by 3.6%, reaching a new high, with a year-to-date increase of 65% [1] - Meilan Airport rose over 1%, while China National Aviation and China Southern Airlines saw increases of 0.6% [1][2] Group 2: Financial Results - China National Aviation reported a 11% year-on-year decrease in net profit attributable to shareholders for Q3 [1] - China Eastern Airlines experienced a 34% year-on-year increase in net profit attributable to shareholders for Q3 [1] - China Southern Airlines reported a 20% year-on-year increase in net profit attributable to shareholders for Q3 [1] Group 3: Market Outlook - Analysts suggest that the "anti-involution" trend will help reduce losses in Q4 and turn around the annual performance [1] - The long-term outlook for Chinese airlines is positive, driven by market-driven ticket pricing, stable demand growth, and optimized passenger structure, which is expected to elevate profitability by 2026 [1]
港股异动丨航空股逆势走高 东航涨3.6%续刷阶段新高 年内累计涨幅达65%