HK Stock Market Move | China Southern Airlines (01055) surged more than 3%, signed cooperation agreements with several companies such as Nanhang Tonghang and Air China.

China Southern Airlines (01055) rose more than 3%, as of the time of writing, it was up 3.7% to HK$3.36 with a turnover of HK$199.08 million. On the news front, on November 14, according to news from China Southern Airlines, during the 15th China International Aviation and Aerospace Exhibition, China Southern Airlines signed cooperation agreements with Airbus Helicopters (hereinafter referred to as "Airbus Helicopters"), Tianhe International Finance Leasing Co., Ltd. (hereinafter referred to as "Tianhe Leasing"), and Shanghai Warant Air Technology Co., Ltd. (hereinafter referred to as "Warant Aviation") respectively, reaching cooperation agreements on the purchase agreement and leasing of H175 helicopters, eVTOL (Vertical Takeoff and Landing Aircraft) airworthiness certification, operations, etc. It is understood that on the opening day of the air show, China Southern Airlines signed a purchase agreement and leasing cooperation intentions for the H175 helicopter with Airbus Helicopters and Tianhe Leasing, and the three parties will establish training centers, maintenance centers, logistics centers, and other helicopter support capabilities and service systems based on the Airbus helicopter series. On November 13, China Southern Airlines signed a comprehensive and deepened business cooperation agreement with Warant Aviation at the air show, and the two parties will carry out comprehensive and in-depth cooperation in areas such as passenger eVTOL airworthiness certification, technical standard formulation, operations, maintenance, training, etc.