Cathay Airlines rose 1.38% for a half-day to buy 12 Hong Kong dollars

Cathay Airlines (00293-HK) rose 1.38% a half-day, reported 10.26 Hong Kong dollars, a deal 1.0404 million shares, the stock early in a small run to the city, the index rose 2.13%.　　The Hooch is rated as buying, with a target price of HK $12, which is equivalent to 8.8 times times corporate value/interest, tax, depreciation, amortization before the 09 fiscal year, and 1.2 times times the stock/account value. The bank expects the company to turn a profit for the 09 fiscal year, achieving a net profits of HK $1.57 billion, a loss of 8.558 billion Hong Kong dollars in the 08 fiscal year, a sharp decline in aviation fuel prices and other cost-saving measures, and a 09 per cent decline in operating costs for the fiscal 25%.