HSCSAIR@EC2612A

TRANSTHERA-B

ASIA STRAT TECH

SUMMI

MANY IDEA CLOUD

ZHONGMIAO

SKYMISSION GP

NICHE-TECH SEMI

KFM KINGDOM

INCON

CHINA CHENGTONG

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Chinese airlines have resumed some flights to the Middle East following safety assessments and the easing of regional tensions. China Southern Airlines restarted flights between Guangzhou and Riyadh, with additional routes planned. Other carriers like Air China and Hainan Airlines have also begun operations to Saudi Arabia and the UAE. However, flights to Qatar remain suspended. Passenger numbers are low, with flights carrying 30-40 people, while return flights are nearly fully booked. The recovery rate for flights to the UAE is 13.5%, and to Saudi Arabia is 43%.

Yicai

Hainan Airlines Holding

CHINA EAST AIR

AIR CHINA

Air China

CHINA SOUTH AIR

Chinese Airlines Resume Some Flights to Middle East

Based on current operational capabilities and the regional situation, China Southern Airlines will resume flights between Guangzhou and Riyadh starting March 6, and between Shenzhen and Riyadh starting March 10. (Beijing Business Daily)

CoinLive

China Southern Airlines will resume flights between Guangzhou/Shenzhen and Riyadh.

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HSBC Research released a report regarding the unstable situation in the Middle East, with investment ratings and target prices for the shipping and aviation sectors H shares as follows: Cosco Ship Hold - reduce, target price 11 yuan; OOIL - reduce, target price 100 yuan; SITC - hold, target price 27 yuan; Air China - reduce, target price 4.3 yuan; Cathay Pacific - buy, target price 16 yuan; China Southern Airlines - reduce, target price 3.3 yuan

AASTOCKS

COSCO SHIP HOLD

SITC

OOIL

Cosco Ship Hold

CATHAY PAC AIR

The investment ratings and target prices for H-shares in the shipping and aviation sectors by the research team of "Major Banks" (Table)

The report from Huizheng indicates that Iran's closure of the Strait of Hormuz has led to a surge in tanker freight rates, impacting maritime oil and gas trade. Approximately 11% of global maritime trade passes through this strait, tightening tanker capacity and increasing long-distance transport volumes, which leaves room for further freight rate increases. The shipping industry may benefit from port congestion, driving new ship orders. The firm maintains a "reduce" rating on Air China and China Southern Airlines, expecting that rising oil prices will erode airline profits, especially in the absence of hedging

"Large Banks" Huayan: Tanker freight rates soar due to the closure of the Strait of Hormuz, maintaining "Reduce" rating for Air China and China Southern Airlines

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159666

China Southern Airlines elects Cai Zhi Zhou as executive director of tenth board session

marketscreener

China Southern CNI Transportation Industry ETF

ChinaAMC CSI All Share Transportation ETF

China Southern Airlines elects Cai Zhi Zhou as executive director of tenth board session

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The Hong Kong Hang Seng Index closed down 570 points at 26,059 points, the National Index fell 157 points, and the Hang Seng Tech Index dropped 148 points. Oil prices surged due to U.S. military strikes against Iran, with related stocks such as PetroChina and CNOOC rising. Airline and bank stocks were under pressure, with China Southern Airlines and China Eastern Airlines falling 8.3% and 7.9%, respectively. The market is focused on private credit, with financial stocks generally declining, and HSBC Holdings and BOC Hong Kong falling between 4.7% and 6.5%. The total market turnover was HKD 357.679 billion

Sinopec Corp.

SINOPEC CORP

PETROCHINA

SD-GOLD

Newmont

BOC HONG KONG

ZHONGJIN GOLD

Kinross Gold

Agnico Eagle Mines

HSBC HOLDINGS

Sprott GLD Miners Etf

SPDR O&G Ex & Prd

China Universal CSI Oil & Gas Resources ETF

iShares US Oil & Gas Expl & Prod

iShares Gold Trust Micro ETF

SPDR GOLD TRT

iShares MSCI Global Gold Miners

Sprott JR Gold Miners ETF

Us Gbl GLD & Met

Abrdn Gold ETF Trust

SPDR Gold Minishares

VALUEGOLD ETF

Us Global Jets

SPDR Gold Shares

Roundhill Gold Miners Weeklypay ETF

iShares Gold Trust

VanEck Junior Gold Miners ETF

Bosera CSI Oil & Gas Resources Index ETF

HS GOLD ETF

"Hong Kong Stocks" The Hang Seng Index closed down 570 points, oil and gold stocks rose, while airline and bank stocks were under pressure

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Affected by external factors, the Hong Kong stock market saw the Hang Seng Index drop 420 points to 26,209 points, a decline of 1.6%. The National Index and the Hang Seng Tech Index also fell by 120 points and 107 points, respectively. Airline stocks generally declined due to disruptions in Middle Eastern routes, with China Southern Airlines and China Eastern Airlines dropping by 8.5% and 7%. Financial stocks performed poorly, with HSBC, Bank of China (Hong Kong), and Standard Chartered all declining. Despite the overall market slump, CNOOC and Xinyi Glass rose against the trend

XINYI GLASS

"Hong Kong Stocks" Hang Seng Index down 420 points in half a day, airlines and local bank stocks under pressure, Xinyi Glass rises 11%

March 2 (Reuters) - Shares of Australia’s flag carrier Qantas Airways (QAN.AX) slumped more than 10% to their lowest level in 10 months on Monday after the U.S. and Israel launched large-scale strikes on Iran over the weekend, sending oil prices surging.The firm’s shares fell as much as 10.4% to A$8.92 each when the Australian market opened on Monday, the lowest level since May 2, 2025. The stock was set for its weakest intraday trading session since April 7, 2025.

Reuters

Qantas Airways Limited

Australian airline Qantas' shares fall more than 10% on US-Iran conflict

China-listed shares of Air China, China Eastern and China Southern set to open down sharply lower

China-listed shares of Air China, China Eastern and China Southern set to open down sharply lower

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YOFC(06869) rose 10.06%, with a trading turnover 9.1 Billion HKD, and a year-to-date rose 187.8%. SHK PPT(00016) rose 7.12%, with a trading turnover 2.3 Billion HKD, and a year-to-date rose 54.2%. GIGADEVICE(03986) fell 7.89%, with a trading turnover 559.3 Million HKD, and a year-to-date rose 142%. CHINA SOUTH AIR(01055) fell 5.01%, with a trading turnover 189.8 Million HKD, and a year-to-date rose 1%.

- The Hang Seng Index increased by 0.95%, with a year-to-date rise of 3.9%, while the Hang Seng Tech Index rose by 0.56%, but is down 6.9% for the year.  
- Changfei Fiber Optics (06869) surged 10.06% with a trading volume of 9.1 billion HKD, marking a yearly gain of 187.8%.  
- In contrast, Zhaoyi Innovation (03986) fell by 7.89% despite a 142% year-to-date increase, and China Southern Airlines (01055) dropped 5.01% with only a 1% gain this year.

Top Gainers & Losers

YOFC

SHK PPT

CHINA COAL

WUXI BIO

SENSETIME-W

GIGADEVICE

MONTAGE TECH

Top 5 HK Stock Gainers/Losers (>100B) (2.27)

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Feb 27 (Reuters) - Bohai Leasing:* SAYS AVOLON HOLDINGS' SUBSIDIARY SIGNS DEAL TO BUY 10 B787-8 AIRCRAFTS, TWO GENX-1B70 SPARE ENGINES FROM CHINA SOUTHERN AIRLINES* SAYS MARKET VALUE OF AIRCRAFT PURCHASE DEAL ABOUT $532 MILLIONSource text Further company coverage:

Bohai Leasing

Bohai Leasing Says Avolon's Subsidiary To Buy Aircrafts, Engines From China Southern Airlines

HSCSAIR@EC2612A(26577.HK)

Chinese Airlines Resume Some Flights to Middle East

China Southern Airlines will resume flights between Guangzhou/Shenzhen and Riyadh.

The investment ratings and target prices for H-shares in the shipping and aviation sectors by the research team of "Major Banks" (Table)

"Large Banks" Huayan: Tanker freight rates soar due to the closure of the Strait of Hormuz, maintaining "Reduce" rating for Air China and China Southern Airlines

China Southern Airlines elects Cai Zhi Zhou as executive director of tenth board session