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08/08/2025
The Snap opening quickly dropped by over 20%.
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1 m ago
According to data from the Swiss aviation intelligence agency ch-aviation, Russian aircraft manufacturers plan to deliver 15 commercial aircraft by 2025, but currently only 1 has been delivered. The reason for this is that sanctions related to foreign components have caused production delays, and high interest rates have dampened investment enthusiasm. Since the outbreak of the Russia-Ukraine conflict in February 2022, Western sanctions have cut off Russia's channels for purchasing foreign-made aircraft and components. The Russian airline fleet consists of over 700 aircraft, mainly composed of Airbus and Boeing aircraft, and currently relies on complex indirect import channels to obtain key components. As the largest country in terms of land area in the world, Russia spans 11 time zones and has a strong reliance on commercial aviation for both cargo and passenger transportation. A series of recent major accidents also highlight the urgency of maintaining the existing fleet.
1 m ago
Due to a shortage of foreign components, Russian commercial aircraft deliveries are difficult.
2 m ago
After the Hong Kong stablecoin regulations take effect, Standard Chartered Hong Kong, NTT Group and Hong Kong Telecommunications joint venture plan to apply for a license.
4 m ago
Morgan Stanley released a research report stating that based on the performance of Cathay Pacific Airlines in the first half of this year, the net profit forecasts for the years 2025, 2026, and 2027 have been lowered by 7%, 5%, and 7% respectively, mainly reflecting a decrease in passenger revenue forecasts partially offset by improvements in cost control; at the same time, capital expenditure forecasts have been raised. The report indicates that if demand for routes in Japan and Thailand recovers better than expected, which could support revenue performance, they may shift to a more positive view. The outlook for the US-China trade relations is also a factor that could affect the momentum of the freight business. Additionally, considering that fuel costs make up about 30% of Cathay Pacific's total costs, the trend in oil prices is also an important indicator to monitor. Given the uncertainties in the operational outlook, Morgan Stanley maintains a "market-perform" rating for Cathay Pacific Airlines, with a dividend yield of 7% potentially limiting downside risks, and a target price lowered from 12.1 Hong Kong dollars to 10.8 Hong Kong dollars.
5 m ago
Zhongchuangxin Hang, among others, has established a new company in Handan, including battery manufacturing business.
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