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China Southern Airlines Company Limited Class H ( (HK:1055) ) has provided an announcement.
China Southern Airlines announced the withdrawal of the proposed spin-off and listing application for its subsidiary, China Southern Air Logistics, on the SSE due to changes in the market environment. This decision is not expected to significantly impact the company’s operations, financial condition, or future strategic plans.
More about China Southern Airlines Company Limited Class H
China Southern Airlines Company Limited operates within the aviation industry and provides air transportation services. It is focused on passenger and cargo transport and is incorporated in the People’s Republic of China.
YTD Price Performance: -17.65%
Average Trading Volume: 16,389,117
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$96.97B
Find detailed analytics on 1055 stock on TipRanks’ Stock Analysis page.