ECHO

85.7201.26%

Total Assets

Jun 14 at 10:18 PM

The Iran deal caused oil prices to plummet by about 7%, and Hong Kong airline stocks have already surged in response. In Singapore, SIA, SATS, and logistics REITs will all benefit from cheaper fuel and the reopening of the Strait of Hormuz route.

SIA's stock price has been under long-term pressure due to oil fuel prices and previous investments in India. Although it is a world-class airline, its stock price is still in a bearish trend.

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