Morgan Stanley upgrades the A-share ratings of China's three major airlines to overweight
Morgan Stanley stated that it has upgraded the A-share ratings of Air China, China Eastern Airlines, and China Southern Airlines to overweight. Driven by favorable demand, the recovery that began in the fourth quarter of last year may continue to gain momentum in 2026-2027. Although investor positioning and confidence remain low, potential price increases will help boost market sentiment. JP Morgan maintains an overweight rating on the H-shares of the three major airlines and Spring Airlines
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