On June 15, Air China (00753.HK) rose 6.76% at open, trading at HKD 4.74, with turnover of HKD 12.21 million. The aviation sector continued its rebound momentum driven by a sharp decline in international oil prices and easing Middle East geopolitical tensions.
The rally follows the U.S. President's sudden cancellation of planned airstrikes on Iran, with negotiations reportedly receiving multi-party approval. This triggered a significant pullback in crude prices, with WTI crude falling to $85.13/barrel and Brent to $87.54/barrel, both hitting lows not seen since mid-April. Previously, concerns over the Hormuz Strait closure had pushed Brent above $96/barrel, severely pressuring airline cost structures.
Institutional research indicates June domestic jet fuel prices have already been cut by 15%, and fuel surcharge coverage ratios have improved versus May. Analysts project aviation stocks will progress through three phases: expectation recovery, operational recovery, and earnings recovery. Within the Airlines sector, China Eastern Airlines rose 8.19%, China Southern Airlines rose 5.26%, and Cathay Pacific Airways rose 2.36%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)