[Epidemia di Hong Kong]The tourism bubble stopped Cathay Pacific halved, tickets sold out in the first few weeks, and Hong Kong TV grew by nearly half.



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Cathay Pacific Airways said in an analyst meeting last week that Starport Travel Bubble had already sold out tickets in the first few weeks

Hong Kong is facing the fourth wave of epidemic risk. The number of confirmed cases from unknown sources continues to increase. Another 73 new cases were added on Monday, and 8 cases were infections from unknown sources. Hong Kong, Singapore “air travel bubble”, originally scheduled for November 22 to be rolled out but expected to be extended as Hong Kong outbreak resumes, Cathay Pacific Airways (00293) shares were under pressure on Monday, shares fell as much as 6.6%, to close at 6.83 yuan, down 4.2%, turnover of 1.45 100 million yuan.

Air Travel defeat bubble implementation, after analyst meeting held last week, Cathay Pacific, was part of the investment bank’s lowered investment rating, the latest version refers to Japan, Cathay Pacific analyst meeting Held on Friday, May, Cathay Pacific travel time in Hong Kong refers to star bubbles to high demand, the first tickets sold out for weeks, but reiterated passenger demand in 2024 was expected to be restored to pre-epidemic level , in response to the latest share price rebound, the Japanese investment rating cut Cathay Pacific, down from the buy, target price from 6.8 yuan to 7 yuan.

Furui pointed out that the Xinggang tourism bubble has been delayed by two weeks and believes it has had a slight impact on Cathay Pacific’s current passenger capacity. The measures were originally intended as a sample of other tourism bubbles and that current Cathay Pacific passenger transport “has no revival or surprises”.

Jefferies quoted Cathay Pacific as saying the company is applying to operate most of the original Cathay Dragon flights. There are still 83 passenger aircraft parked on the ground for a long time, accounting for around 45% of the passenger fleet. The group will decommission 29 passenger aircraft during the year. More than 24 companies have announced their results. Jefferies slightly lowered its target price from RMB 0.2 to RMB 8.5, with a buy valuation.

Hong Kong TV increased 7%

Hong Kong TV (01137), which runs HKTVmall, once rose 7.4% to 13.28 yuan, before hitting a record high. Hong Kong TV’s share price rebounded after the period, closing at 12.74 yuan, up 3%, and revenue was 236 million yuan.

In terms of shares that have benefited from the news of the outbreak in the past, CEC International (00759) was up 5.2% over the day to bring in 0.79 yuan, with revenues of 4.97 million; Nissin Foods (01475) once grew by nearly half and closed 1.7% at 7.02 yuan, with a 76.3 million yuan transaction.

As for retail inventories, Lifestyle International (01212) fell by 1.6%; Chow Tai Fook (01929) fell 1.2%; on food and beverage stocks, Big Happy (00052) rose 1.8; Café de Coral (00341) fell by 4.6%.

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Responsible editor: Xie Zhuorong



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