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China Southern Airlines Renews Financial Services Agreement

Story Highlights
  • China Southern Airlines renews its financial services agreement for three years.
  • The agreement involves deposit services requiring shareholder approval and exempt loan services.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Southern Airlines Renews Financial Services Agreement

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China Southern Airlines Company Limited Class H ( (HK:1055) ) has issued an update.

China Southern Airlines Company Limited Class H has entered into a new Financial Services Framework Agreement to continue its financial services with a connected Finance Company for three years starting January 1, 2026. This agreement involves the provision of deposit and loan services, with the deposit services requiring shareholder approval due to its significant financial implications, while the loan services are exempt from such requirements.

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

Average Trading Volume: 19,261,534

Technical Sentiment Signal: Buy

Current Market Cap: HK$118.2B

Find detailed analytics on 1055 stock on TipRanks’ Stock Analysis page.

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