HK Stock Price Fluctuated | TRAVELSKY TECH (00696) rose more than 4%, short-term boosted by the post-pandemic recovery of the civil aviation industry, long-term benefited from the increasing air travel penetration rate.

, TRAVELSKY TECH (00696) rose more than 4%, closing up 4.3% at HK$13.1, with a trading volume of HK$11.17 million. The company is a leading provider of information technology solutions for the aviation and tourism industry in China. Its revenue and performance in the first half of the year showed significant recovery. With a history of over 40 years, the company was previously under the administration of the Civil Aviation Administration of China and later transformed into a state-owned enterprise. Its main shareholders include three major airline groups, with the State-owned Assets Supervision and Administration Commission as the actual controller. Minsheng Securities issued a research report, giving the company a "recommended" rating and forecasting the company's net profit attributable to shareholders to reach RMB 2.2 billion, RMB 2.6 billion, and RMB 2.8 billion in 2023, 2024, and 2025 respectively. The company's core business directly benefits from the increase in air passenger traffic, with short-term catalysts from the post-pandemic recovery of civil aviation and long-term advantages from the improvement of passenger penetration rate. The company's business extends to areas such as clearing and settlement, system integration, and data networks, achieving diversified business development that covers the entire industry chain, contributing to new revenue and performance growth opportunities.