Chinese airline stocks beat prices or encourage buying

Chinese airlines, which have applied for a levy on fuel surcharges after the government raised the ex-factory price of domestic aviation kerosene, ran to win the big city this morning, or inspired by the concept of direct flights and the fall in oil prices; Air China (00753-HK) is now up 0.26%, while Southern Airlines (01055-HK), which rose nearly 2%,　　Has fallen 0.97% per cent, but is still better than the 1.32% decline in the H-share index. According to the CAAC website yesterday, Cross-strait Airlines can operate scheduled flights and chartered flights in 27 mainland cities such as Beijing and Shanghai, including passenger Air China (601111-CN) operating a total of 27 classes in Beijing, Shanghai and other destinations to Taipei, and Eastern Airlines (600115-cn;00670-　　HK) operates a total of 29 classes such as Shanghai, Nanjing and other destinations such as Taipei, etc., including Southern Airlines (600029), which operates 5 classes a week from Guangzhou to Taipei. On the other hand, international oil prices, after a previous rise of 70 U.S. dollars, recently continued to fall, the New York Mercantile Exchange August light low sulfur crude oil futures contract settlement price last night fell 1.12 U.S. dollars to the latest 62.93 U.S. dollars per barrel. Fears continue to hit sentiment as investors fret about the prospects for economic recovery. And the international crude oil prices continued to fall, so that in the new product pricing mechanism under the price of aviation fuel downward expectations.