China Eastern Airlines rises 4% to develop regional market with Yunnan Sasac

An earlier executive said Eastern Airlines, which was set to expand its co-operation with Taiwan's China Airlines, had a significantly higher share price of 4.02% to HK $1.81 and 706,000 shares in the morning. St East Airlines (600115-CN) now fell 0.74% to 5.38 yuan/share.　　New progress has been made in the company's business expansion; the company announced that it intends to set up a joint venture with the Yunnan provincial capital (China Eastern Airlines holding 65%) to expand the Yunnan aviation market; Now the parent company has signed a strategic cooperation agreement with the Yunnan provincial government, but the listed companies have not signed official documents with the relevant governmental departments of Yunnan province. There are market comments that the cooperation to expand the regional aviation market for the long-term development of Eastern airlines favorable. And although the National Development and Reform Commission announced the latest increase in oil prices notice, but the aviation main fuel varieties of aviation kerosene prices earlier in advance, and therefore not in the adjustment of the list, it has no practical impact.