Hong Kong stocks are on the move again, with airline stocks soaring. Institutions predict a significant reduction in losses for the industry in the fourth quarter, with the prospect of returning to profitability by the end of the year after 25 years.

According to the Smart Finance app, airline stocks are rising again. As of the time of writing, Air China (00753.HK) rose 4.27% to 6.6 Hong Kong dollars; China Southern Airlines (01055.HK) rose 2.66% to 5.41 Hong Kong dollars; China Eastern Airlines (00670.HK) rose 2.18% to 4.69 Hong Kong dollars; and Beijing Capital International Airport (00694) rose 1.43% to 2.84 Hong Kong dollars.