CIAIRCN@EC2611A

TRANSTHERA-B

ASIA STRAT TECH

SUMMI

MANY IDEA CLOUD

ZHONGMIAO

SKYMISSION GP

NICHE-TECH SEMI

KFM KINGDOM

INCON

CHINA CHENGTONG

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601111

An explosion at Dubai International Airport led to the suspension of all flights to and from the airport. Passengers were evacuated for safety, and Air China's flight from Beijing, scheduled to land, is currently circling over Oman.

CoinLive

AIR CHINA

Air China

Dubai airport suspended flights due to explosions; Air China flight from Beijing to Dubai was unable to land and circled in the air.

Air China Limited Announces Committee Changes

marketscreener

Air China Limited Announces Committee Changes

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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

CHINA SOUTH AIR

Chinese Airlines Resume Some Flights to Middle East

Air China Limited has announced its board composition, led by chairman Liu Tiexiang, and detailed the roles of its five key committees, emphasizing independent oversight in strategy, risk management, remuneration, and safety. This clarification aims to enhance transparency for investors. The current analyst rating for Air China (HK:0753) is a Hold with a price target of HK$7.00. The company operates in the aviation sector, providing passenger and cargo services domestically and internationally, with a market cap of HK$141.3B.

Tip Ranks

Air China Sets Out Board Composition and Committee Roles

Air China's deputy chairman resigns due to retirement

Air China's deputy chairman resigns due to retirement

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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

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

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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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The shipping sector opened strongly, with COSCO SHIPPING Energy and NJTC hitting the daily limit up, AIR CHINA rising over 14%, and NBMC, CMES, and NBOSCO all opening high

Wallstreetcn

SINO-OCEAN GP

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NBMC

COSCO SHIPPING Energy

CMES

NJTC

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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 rose by 0.95%, with a year-to-date increase of 3.9%.  
- Longi Technology Co., Ltd. surged 10.06%, achieving a total transaction volume of HKD 9.1 billion and a year-to-date increase of 187.8%.  
- Meanwhile, China Southern Airlines fell by 5.01%, with a transaction volume of HKD 190 million and a year-to-date gain of only 1%.

CIAIRCN@EC2611A(26581.HK)

Dubai airport suspended flights due to explosions; Air China flight from Beijing to Dubai was unable to land and circled in the air.

Air China Limited Announces Committee Changes

Chinese Airlines Resume Some Flights to Middle East

Air China Sets Out Board Composition and Committee Roles

Air China's deputy chairman resigns due to retirement