Core Viewpoint - China Southern Airlines' stock price has shown a slight increase of 0.46% year-to-date, with notable gains over the past 5, 20, and 60 trading days, indicating a positive short-term trend in the market [2]. Financial Performance - For the first half of 2025, China Southern Airlines reported a revenue of 86.29 billion yuan, reflecting a year-on-year growth of 1.77%. However, the net profit attributable to shareholders was -1.53 billion yuan, a decrease of 24.84% compared to the previous year [2]. - The company has cumulatively distributed 6.629 billion yuan in dividends since its A-share listing, with no dividends paid in the last three years [3]. Stock Market Activity - As of October 24, the stock price of China Southern Airlines was 6.52 yuan per share, with a market capitalization of 118.15 billion yuan. The stock experienced a decline of 2.10% during the trading session [1]. - The trading volume was 93.56 million yuan, with a turnover rate of 0.11%. There was a net outflow of 3.99 million yuan in principal funds, with large orders accounting for 5.32% of purchases and 9.58% of sales [1]. Shareholder Structure - As of June 30, 2025, the number of shareholders for China Southern Airlines was 140,000, a decrease of 7.17% from the previous period. The average circulating shares per person remained at 0 shares [2]. - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited held 582 million shares, a decrease of 2.65 million shares from the previous period. Meanwhile, Huatai-PB CSI 300 ETF and E Fund CSI 300 ETF increased their holdings [3].

Core Viewpoint - China Eastern Airlines' stock price has shown a positive trend, with a year-to-date increase of 4.75% and a recent uptick of 2.20% on October 14, 2023, indicating investor confidence in the airline's performance and market position [1]. Financial Performance - For the first half of 2025, China Eastern Airlines reported operating revenue of 668.22 billion yuan, reflecting a year-on-year growth of 4.09%. However, the company experienced a net loss attributable to shareholders of 14.31 billion yuan, which is an increase in loss by 48.30% compared to the previous period [2]. - Cumulatively, since its A-share listing, the company has distributed a total of 32.96 billion yuan in dividends, but there have been no dividends paid in the last three years [3]. Shareholder Information - As of June 30, 2025, the number of shareholders for China Eastern Airlines decreased to 155,100, a reduction of 11.06% from the previous period. The average number of circulating shares per shareholder remained at 0 [2]. - Among the top ten circulating shareholders, China Securities Finance Corporation holds 430 million shares, unchanged from the previous period, while Hong Kong Central Clearing Limited increased its holdings by 55.22 million shares to 300 million shares [3]. Market Activity - On October 14, 2023, China Eastern Airlines' stock traded at 4.19 yuan per share, with a total transaction volume of 221 million yuan and a turnover rate of 0.31%. The company's total market capitalization stands at 934.01 billion yuan [1]. - The net inflow of main funds was 15.78 million yuan, with significant buying activity from large orders, indicating strong market interest [1].

来源：新浪证券-红岸工作室 10月10日，中国东航跌0.95%，成交额5.06亿元。两融数据显示，当日中国东航获融资买入额4386.06万 元，融资偿还4717.06万元，融资净买入-331.00万元。截至10月10日，中国东航融资融券余额合计3.92 亿元。 融资方面，中国东航当日融资买入4386.06万元。当前融资余额3.89亿元，占流通市值的0.54%，融资余 额低于近一年50%分位水平，处于较低位。 资料显示，中国东方航空股份有限公司位于上海市闵行区虹翔三路36号,香港金钟道95号统一中心19楼D 室，成立日期1995年4月14日，上市日期1997年11月5日，公司主营业务涉及航空客、货、邮、行李运输 业务及延伸服务;通用航空业务;航空器维修;航空设备制造与维修;国内外航空公司的代理业务。主营业 务收入构成为：航空运输业务98.10%，其他(补充)1.90%。 截至6月30日，中国东航股东户数15.51万，较上期减少11.06%；人均流通股0股，较上期增加0.00%。 2025年1月-6月，中国东航实现营业收入668.22亿元，同比增长4.09%；归母净利润-14.31亿元，同比增 长48.30%。 ...

来源：新浪证券-红岸工作室 资料显示，中国东方航空股份有限公司位于上海市闵行区虹翔三路36号,香港金钟道95号统一中心19楼D 室，成立日期1995年4月14日，上市日期1997年11月5日，公司主营业务涉及航空客、货、邮、行李运输 业务及延伸服务;通用航空业务;航空器维修;航空设备制造与维修;国内外航空公司的代理业务。主营业 务收入构成为：航空运输业务98.10%，其他(补充)1.90%。 截至6月30日，中国东航股东户数15.51万，较上期减少11.06%；人均流通股0股，较上期增加0.00%。 2025年1月-6月，中国东航实现营业收入668.22亿元，同比增长4.09%；归母净利润-14.31亿元，同比增 长48.30%。 分红方面，中国东航A股上市后累计派现32.96亿元。近三年，累计派现0.00元。 机构持仓方面，截止2025年6月30日，中国东航十大流通股东中，中国证券金融股份有限公司位居第八 大流通股东，持股4.30亿股，持股数量较上期不变。香港中央结算有限公司位居第十大流通股东，持股 3.00亿股，相比上期增加5521.94万股。 9月30日，中国东航涨1.72%，成交额5.54亿元。两融数 ...

Core Viewpoint - China Eastern Airlines' stock has shown positive performance with a year-to-date increase of 4.25% and a market capitalization of 929.55 billion yuan as of September 30 [1] Financial Performance - For the first half of 2025, China Eastern Airlines reported operating revenue of 668.22 billion yuan, a year-on-year increase of 4.09%, while the net profit attributable to shareholders was -14.31 billion yuan, reflecting a 48.30% increase in losses compared to the previous year [2] Stock Market Activity - On September 30, the stock price rose by 2.21% to 4.17 yuan per share, with a trading volume of 3.99 billion yuan and a turnover rate of 0.57% [1] - The net inflow of main funds was 900.84 million yuan, with significant buying activity from large orders [1] Shareholder Information - As of June 30, 2025, the number of shareholders decreased by 11.06% to 155,100, with an average of 0 circulating shares per person [2][3] - The top ten circulating shareholders include China Securities Finance Corporation, holding 430 million shares, and Hong Kong Central Clearing Limited, which increased its holdings by 55.22 million shares [3] Business Overview - China Eastern Airlines, established on April 14, 1995, and listed on November 5, 1997, primarily engages in air passenger, cargo, and mail transportation, with 98.10% of its revenue coming from aviation transport [1] - The company operates within the transportation sector, specifically in the aviation industry, and is involved in various related concepts such as civil aviation and general aviation [1]

融券方面，中国东航9月29日融券偿还7.64万股，融券卖出1.20万股，按当日收盘价计算，卖出金额4.90 万元；融券余量46.06万股，融券余额187.92万元，超过近一年50%分位水平，处于较高位。 资料显示，中国东方航空股份有限公司位于上海市闵行区虹翔三路36号,香港金钟道95号统一中心19楼D 室，成立日期1995年4月14日，上市日期1997年11月5日，公司主营业务涉及航空客、货、邮、行李运输 业务及延伸服务;通用航空业务;航空器维修;航空设备制造与维修;国内外航空公司的代理业务。主营业 务收入构成为：航空运输业务98.10%，其他(补充)1.90%。 截至6月30日，中国东航股东户数15.51万，较上期减少11.06%；人均流通股0股，较上期增加0.00%。 2025年1月-6月，中国东航实现营业收入668.22亿元，同比增长4.09%；归母净利润-14.31亿元，同比增 长48.30%。 分红方面，中国东航A股上市后累计派现32.96亿元。近三年，累计派现0.00元。 来源：新浪证券-红岸工作室 9月29日，中国东航跌0.24%，成交额3.96亿元。两融数据显示，当日中国东航获融资买入额182 ...

来源：新浪证券-红岸工作室 9月24日，中国东航涨0.50%，成交额3.17亿元。两融数据显示，当日中国东航获融资买入额1987.65万 元，融资偿还1672.23万元，融资净买入315.42万元。截至9月24日，中国东航融资融券余额合计3.92亿 元。 融资方面，中国东航当日融资买入1987.65万元。当前融资余额3.90亿元，占流通市值的0.56%，融资余 额低于近一年50%分位水平，处于较低位。 融券方面，中国东航9月24日融券偿还7.91万股，融券卖出12.34万股，按当日收盘价计算，卖出金额 49.98万元；融券余量56.33万股，融券余额228.14万元，超过近一年70%分位水平，处于较高位。 资料显示，中国东方航空股份有限公司位于上海市闵行区虹翔三路36号,香港金钟道95号统一中心19楼D 室，成立日期1995年4月14日，上市日期1997年11月5日，公司主营业务涉及航空客、货、邮、行李运输 业务及延伸服务;通用航空业务;航空器维修;航空设备制造与维修;国内外航空公司的代理业务。主营业 务收入构成为：航空运输业务98.10%，其他(补充)1.90%。 截至6月30日，中国东航股东户数15.51 ...

资料显示，中国东方航空股份有限公司位于上海市闵行区虹翔三路36号,香港金钟道95号统一中心19楼D 室，成立日期1995年4月14日，上市日期1997年11月5日，公司主营业务涉及航空客、货、邮、行李运输 业务及延伸服务;通用航空业务;航空器维修;航空设备制造与维修;国内外航空公司的代理业务。主营业 务收入构成为：航空运输业务98.10%，其他(补充)1.90%。 截至6月30日，中国东航股东户数15.51万，较上期减少11.06%；人均流通股0股，较上期增加0.00%。 2025年1月-6月，中国东航实现营业收入668.22亿元，同比增长4.09%；归母净利润-14.31亿元，同比增 长48.30%。 分红方面，中国东航A股上市后累计派现32.96亿元。近三年，累计派现0.00元。 机构持仓方面，截止2025年6月30日，中国东航十大流通股东中，中国证券金融股份有限公司位居第八 大流通股东，持股4.30亿股，持股数量较上期不变。香港中央结算有限公司位居第十大流通股东，持股 3.00亿股，相比上期增加5521.94万股。 来源：新浪证券-红岸工作室 9月23日，中国东航跌1.23%，成交额4.54亿元。两融数 ...

Group 1 - China Eastern Airlines' stock increased by 0.25% on September 22, with a trading volume of 360 million yuan [1] - The financing buy-in amount for China Eastern Airlines on the same day was 22.27 million yuan, while the financing repayment was 20.61 million yuan, resulting in a net financing buy of 1.66 million yuan [1] - As of September 22, the total financing and securities lending balance for China Eastern Airlines was 430 million yuan [1] Group 2 - As of June 30, the number of shareholders for China Eastern Airlines was 155,100, a decrease of 11.06% from the previous period [2] - For the first half of 2025, China Eastern Airlines reported operating revenue of 66.82 billion yuan, a year-on-year increase of 4.09%, and a net profit attributable to shareholders of -1.43 billion yuan, an increase of 48.30% year-on-year [2] - The company has distributed a total of 3.296 billion yuan in dividends since its A-share listing, with no dividends distributed in the past three years [3] Group 3 - As of June 30, 2025, China Securities Finance Corporation was the eighth largest shareholder of China Eastern Airlines, holding 430 million shares, unchanged from the previous period [3] - Hong Kong Central Clearing Limited was the tenth largest shareholder, holding 300 million shares, an increase of 55.22 million shares from the previous period [3]

Summary of Key Points Core Viewpoint - China Eastern Airlines has shown mixed financial performance with a slight increase in stock price and fluctuating financing activities, indicating potential investment opportunities and risks in the airline sector [1][2]. Financing Activities - On September 19, China Eastern Airlines' stock rose by 0.74% with a trading volume of 457 million yuan - The financing buy-in amount was 24.87 million yuan, while the financing repayment was 30.72 million yuan, resulting in a net financing buy of -5.84 million yuan - As of September 19, the total financing and securities balance was 428 million yuan, with the financing balance at 426 million yuan, accounting for 0.61% of the circulating market value, which is above the 70th percentile of the past year [1]. Short Selling Activities - On the same day, the company repaid 27,500 shares in short selling and sold 127,600 shares, amounting to 519,300 yuan based on the closing price - The short selling balance was 204.52 million yuan, exceeding the 60th percentile of the past year, indicating a high level of short selling activity [1]. Company Overview - China Eastern Airlines, established on April 14, 1995, and listed on November 5, 1997, is headquartered in Shanghai - The company primarily engages in air passenger, cargo, mail, and baggage transportation, with 98.10% of its revenue coming from air transportation services [1]. Financial Performance - For the first half of 2025, China Eastern Airlines reported operating revenue of 66.82 billion yuan, a year-on-year increase of 4.09% - The net profit attributable to shareholders was -1.43 billion yuan, reflecting a year-on-year increase of 48.30% in losses [2]. Shareholder Information - As of June 30, 2025, the number of shareholders was 155,100, a decrease of 11.06% from the previous period - The top ten circulating shareholders include China Securities Finance Corporation with 430 million shares and Hong Kong Central Clearing Limited with 300 million shares, the latter having increased its holdings by 55.22 million shares [3].