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Air Stocks Surge On Speculation Of Direct Air Links
0670.HK, 600029.SH, 600115.SH, 601111.SH, Air China, CEA, China Eastern Airlines, China Southern Airlines, Ma Ying-jeou, ZNH
Posted by: Li Jun on Mar 25, 2008 | 18:03
Editorial Summary
Airline stocks soared on China's A-share market on Tuesday due to market speculation that direct air links will be established between Taiwan and mainland China following Ma Ying-jeou's election as Taiwanese president, reports Oriental Morning Post. Shares of China Southern Airlines (600029.SH, NYSE:ZNH), China Eastern Airlines (600115.SH, 0670.HK, NYSE: CEA) and Air China Ltd. (601111.SH) rose 10.02 percent, 10.01 percent and 9.59 percent, respectively, in Shanghai on Tuesday.
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