Boeing Company (BA.US) receives good news! Chinese leasing company orders 50 737 MAX aircraft.

19:35 19/09/2024

Industrial and Commercial Bank Leasing (01606) announced on Thursday that it will purchase 50 Boeing (BA.US) 737 Max 8 jetliners, marking the company's second major order in a week.

China Development Bank's financial leasing company CDB LEASING (01606) announced on Thursday that it will purchase 50 Boeing Company (BA.US) 737 Max 8 jet aircraft, marking the company's second large order within a week. This order could boost Boeing Company, as the company is facing a decline in Chinese orders and is also grappling with labor strikes and quality issues. CDB LEASING stated that in order to optimize its fleet structure and increase the proportion of new generation aircraft with leading technology, high fuel efficiency, and broad market share, the company has entered into an aircraft purchase agreement with Boeing Company. The company expects to receive these aircraft between 2028 and 2031. As of the time of writing, Boeing Company's stock price has risen by 1.22% in pre-market trading. The stock has declined by over 40% since the beginning of this year.

HK Bull/Bear Outstanding Qty Ratio(60:40) | March 14th

The seven giants of the US stock market have all entered a technical correction zone. Microsoft Corporation (MSFT.US) has fallen by more than 18% since the beginning of this year.

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HK Bull/Bear Outstanding Qty Ratio(60:40) | March 14th

The seven giants of the US stock market have all entered a technical correction zone. Microsoft Corporation (MSFT.US) has fallen by more than 18% since the beginning of this year.

Overnight US stocks | The S&P 500 Index hit a new low for the year, with Brent oil closing above $100 for the second consecutive day. Adobe (ADBE.US) fell 7.5%.