HK Stock Market Move | The three major airlines collectively rose, with Air China Limited (00753) up nearly 3% and China Eastern Airlines (00670) up over 2%.

The three major airlines collectively rose. As of press time, Air China Limited (00753) gained 2.91% to HK$3.89; China Eastern Airlines (00670) rose 2.4% to HK$2.565; China Southern Airlines (01055) gained 1.89% to HK$2.97. On the news front, international oil prices fell significantly overnight due to factors including the U.S. releasing strategic reserves and the gradual recovery of crude oil flows from the Middle East. In addition, Trump said in Washington on Tuesday that the Iran war will end soon, and oil prices will drop sharply at that time. Notably, the Civil Aviation Administration recently pointed out that public willingness to travel is strong during the Mid-Autumn Festival and National Day holidays, and required strengthening capacity supply during key periods. Sinolink believes that air cargo freight rates have maintained relatively high year-on-year growth, with the boom still showing resilience, while on the passenger side, attention should be paid to the realization of volume and price during the National Day holiday.