HK Stock Market Move | Cathay Pacific Airways (00293) rose more than 4% in the afternoon, expecting a year-on-year increase in profit of 62% to 75.7% in the first half of the year.

CATHAY PAC AIR (00293) rose more than 4%, as of the time of writing, it rose 3.7% to HK$13.74, with a trading volume of HK$1.58 billion. On the news front, CATHAY PAC AIR released a profit announcement at noon, stating that it expects a shareholder's comprehensive profit of approximately HK$6 to HK$6.5 billion for the first half of 2026, including about HK$1.4 billion in income from the dilution of equity held by the group in Air China. In the same period last year, the group achieved a shareholder's profit of HK$3.7 billion, an increase of 62% to 75.7% year-on-year. Cathay Pacific's Customer and Commercial Officer, Lui Ka-shing, said that despite the high aviation fuel prices, the group continued to see growth in June. CATHAY PAC AIR and Hong Kong Express carried more than 3.1 million passengers in the month, while Cathay Pacific Cargo carried approximately 145,000 tons of cargo, with both passenger and cargo volumes increasing by 9% compared to the same period last year.