Ge Long Hui·2026-01-20 02:04Group 1 - The core viewpoint of the news is that the Hong Kong aviation stocks continue to rise, driven by strong demand during the Spring Festival travel season, with predictions of increased passenger transport volume and flight operations [1] - China Southern Airlines rose nearly 3%, China Eastern Airlines increased by 2.11%, and Air China saw a 2.51% rise, reflecting positive market sentiment [2] - The Civil Aviation Administration forecasts that the national civil aviation passenger transport volume during the Spring Festival is expected to reach 95 million, averaging 2.38 million passengers per day, a year-on-year increase of approximately 5.3% [1] Group 2 - The Spring Festival is expected to create two peaks in passenger flow, particularly due to the later timing of the holiday this year, with a single-day peak potentially reaching 2.6 million passengers [1] - The aviation sector is highlighted as having investment opportunities based on three factors: low growth in aircraft introductions, structural improvement in aviation demand, and high seat occupancy rates indicating potential price elasticity [1] - The expected number of flights during the Spring Festival is 780,000, averaging 19,400 flights per day, which is a 5% year-on-year increase [1]