Changes in Hong Kong stocks | Aviation stocks all rose, the geographical situation eased, oil prices fell five times in a row, and the popularity of travel increased near the double quarter

The Zhitong Finance App learned that aviation stocks have all risen. As of press release, Meilan Airport (00357) rose 3.33% to HK$4.495; Air China (00753) rose 2.12% to HK$3.86; Cathay Pacific (00293) rose 2.05% to HK$14.42; and China Southern Airlines (01055) rose 1.85% to HK$3.025.

According to the news, the restart of the beneficiary pipeline was compounded by Iran's relinquishment, and international oil prices had fallen five times in a row. As of press release, Brent crude oil had already fallen below 95 US dollars. Furthermore, with the Mid-Autumn Festival and National Day holidays coming soon, the popularity of travel in the domestic travel market is heating up ahead of schedule. The number of travel-related online searches and air ticket reservations continues to rise, and civil aviation transportation is about to usher in a new round of concentrated travel peaks.

Cathay Pacific Haitong Securities believes that aviation stock prices have been at a ten-year low, geo-oil prices will not change the logic of lengthening, and provide a rare opportunity for a bottom-up layout. When oil prices fall, a long-term logical interpretation of the central increase in profitability will begin. Caitong Securities also pointed out that the medium- to long-term industry supply and demand improvement logic will not change; they are optimistic that sector prosperity will improve. If oil prices decline in the future, airlines are expected to release profit elasticity.