|Day's Range||7.93 - 8.05|
|52 Week Range||6.74 - 9.18|
|PE Ratio (TTM)||N/A|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
For decades, Singapore and Hong Kong have reigned supreme: as key transit points connecting travelers in Asia to and from the rest of the world. But now, a $1 trillion global airport spree is threatening ...
China Southern Airlines said on Monday it will raise up to 12.7 billion yuan ($1.9 billion) in a private sale of new shares to fund the purchase of aeroplanes and replenish working capital. China's largest airline by passenger numbers said 7.8 billion yuan of the proceeds will be used to acquire 41 aircraft, and the selection and installation of lightweight seats for its A320 series aircraft. The rest of the proceeds will be used to supplement working capital, it said in a filing to the Hong Kong stock exchange.
Like ancient warlords, China's three biggest airlines have dominated their regional cities: Air China Ltd. controlling Beijing, China Eastern Airlines Corp. holding sway in the financial center of Shanghai, ...