Chinese airlines stock boost

admin
By admin October 26, 2015 21:55

Chinese airlines stock boost

Chinese airline share prices were boosted on rumours of a sector-wide consolidation, which would include unconfirmed plans for the merger of Air China and China Southern. Share in Air China and China Southern rose by the daily limit of 10%, with China Eastern Airlines shares up by 7.1%.

Both airlines has stated that they have no knowledge of any merger plans.

admin
By admin October 26, 2015 21:55