2024-04-11 03:46:05
Airline pairs EVA Air (2618), China Airlines (2610) and tourism stocks surged sharply early today (11th). EVA Air has exceeded 100,000 before 11 o’clock, and both China Airlines and China Airlines have increased by 3 or 4 from the previous day. More than doubled growth. Senior securities analyst Xu Bojie said in an interview in the morning that it was mainly driven by Xi Jinping’s words during the Ma-Xi meeting that he “would like to see more mainland people visit the motherland’s treasured island”, which triggered the association of cross-strait aviation demand.
Xi Jinping said, “Take a look at the treasure island.” The aviation duo EVA Air and China Airlines are booming.File photo: Central News Agency
Former President Ma Ying-jeou met with Xi Jinping, General Secretary of the Central Committee of the Communist Party of China, in Beijing yesterday afternoon. Xi Jinping said that compatriots on both sides of the Taiwan Strait are Chinese and “I would like to see more mainland people visiting the motherland’s treasured island.” This was interpreted as showing goodwill between the two sides of the Taiwan Strait, and it was also associated with the future. When mainland tourists come to Taiwan, the demand for tourist accommodation and air tickets will increase. This morning, shipping stocks and tourism stocks both surged, and the trading volume of aviation stocks was astonishing.
EVA Air and China Airlines opened higher this morning and continued to rise. EVA Air sold a large number of 130,000 tickets before 12 o’clock, and China Airlines also had a trading volume of close to 50,000 tickets. Compared with the previous day’s trading volume of 32,000 and 11,000 tickets, at least There is a growth of 3 to 4 times, with an increase of about 2 to 3%.
Expert analysis: Shipping prices are not good, shipping depends on new ETF to raise airline stocks, short-term horse-Xihui meeting
Analyst Xu Bojie said that today’s surge in tourism and aviation stocks is a reflection of Xi Jinping’s remarks during the Ma-Xi meeting that he “would like to see mainland compatriots come to visit the motherland’s treasured island”, which has the flavor of breaking the ice. As for shipping stocks such as Evergreen (2603) and Xinxing (2605), why have freight rates increased recently despite poor prices? He said that it may be because the market is expecting that four high-dividend ETFs will be raised again in mid- to late April, and some people will enter the market first, and buying orders will heat up.
As for the topic of the meeting between Ma and Xi Jinping, I am afraid that it is mainly short-term. Xu Bojie believes that after President Lai Qingde’s inauguration speech on May 20, the CCP may not show much goodwill, so it will probably only be a few days.
However, he said that the fundamentals of airline stocks are not bad, and their performance in March and the first quarter was not bad. Therefore, if you look further ahead, you can buy them if they pull back. You don’t have to follow the theme in the short term, but you can plan for the long term.
Airline stocks report good news on March revenue
EVA Air announced yesterday that its March consolidated revenue reached 17.72 billion yuan, an annual increase of 8.29%. The consolidated revenue in the first quarter was 51.915 billion yuan, an annual increase of 16.86%, setting the third highest record in a single quarter. The relatively high-profit European and American long-distance lines benefited from the peak return of Vietnamese tourists to the United States after the Spring Festival, the large-scale electronics exhibition in the United States and Canada During tax filing season and other demands, the average passenger load factor from Taiwan to North America is as high as 95%.
China Airlines’ consolidated revenue in March was 16.507 billion yuan, a new high for the same period in previous years, with an annual increase of 9.74%.
Among them, passenger revenue was 10.683 billion yuan, an annual increase of 26.31%; the average passenger load factor across the entire line in March exceeded 80%, with strong demand for Northeast Asia and North American routes, delivering 90% passenger performance; cargo revenue was 4.625 billion yuan, a monthly increase of 26.54%. Cross-border e-commerce supply continues to flourish, and the global AI trend drives an increase in semiconductor-related shipments, causing both volume and freight prices to rise in March.
Tigerair Taiwan’s revenue in March was 1.388 billion yuan, a year-on-year increase of 57%. Its single-month revenue was a new high for the same period, second only to February this year, and the second highest in history. The first quarter of this year coincides with the Lunar New Year and Japan’s cherry blossom season, and the regional international flight passenger market demand is booming. The number of flights increased by 62% compared with the same quarter last year, the average passenger load factor exceeded 90%, and the cumulative revenue was 4.247 billion yuan, setting a single-quarter history. A new high, an annual increase of 64%.
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Yahoo Finance special correspondent Ye Yiru: With more than 20 years of experience in mainstream financial media, from the Web1.0 bubble in 2000 to the Meta Yuanverse Web3.0, he has witnessed the rise and fall of Taiwan’s large and small business groups, and has experienced five international financial crises. We believe that finance is life and is everywhere. No matter how difficult financial knowledge is, we should explain it in a simple way. Everyone, young and old, should manage money. If you don’t manage money, money will not care about you.
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