China Southern Airlines Company Limited Class H ( (HK:1055) ) just unveiled an announcement.
China Southern Airlines Company Limited announced that its controlling shareholder, China Southern Air Holding Company Limited (CSAH), along with its subsidiaries, has committed not to reduce their shareholdings in the company for 18 months. This decision reflects CSAH’s confidence in the company’s future and the long-term prospects of China’s aviation industry, aiming to ensure stable development and protect shareholder interests.
More about China Southern Airlines Company Limited Class H
China Southern Airlines Company Limited is a major player in the aviation industry, primarily offering air transportation services. The company is focused on the Chinese market and is recognized for its significant role in the airline sector.
YTD Price Performance: -18.14%
Average Trading Volume: 16,519,095
Technical Sentiment Signal: Buy
Current Market Cap: HK$98.46B
Learn more about 1055 stock on TipRanks’ Stock Analysis page.