Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from China Southern Airlines Company Limited Class H ( (HK:1055) ) is now available.
China Southern Airlines has entered into a new Finance and Lease Service Framework Agreement with CSA Leasing for the period 2026-2028, renewing their previous agreement. This agreement involves the continuation of finance and operating lease services for aircraft and related equipment, as well as the sale and purchase of aviation materials between the two entities. The transactions are classified as continuing connected transactions and major transactions under Hong Kong’s Listing Rules, requiring disclosure, annual review, and independent shareholder approval. This strategic move aims to optimize the company’s operational capabilities and align with shareholder interests.
The most recent analyst rating on (HK:1055) stock is a Hold with a HK$4.50 price target. To see the full list of analyst forecasts on China Southern Airlines Company Limited Class H stock, see the HK:1055 Stock Forecast page.
More about China Southern Airlines Company Limited Class H
China Southern Airlines Company Limited Class H is a major player in the aviation industry, primarily focusing on providing air transportation services. The company is involved in the leasing and acquisition of aircraft, engines, simulators, and aviation-related equipment.
Average Trading Volume: 19,261,534
Technical Sentiment Signal: Buy
Current Market Cap: HK$118.2B
For an in-depth examination of 1055 stock, go to TipRanks’ Overview page.