Direct Flights

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 charters in 27 mainland cities such as Beijing and Shanghai, including Air China (601111-C).

Xinhua Beijing, January 4, according to the Hong Kong "Wen Wei Po" reported that Wuhan opened, marking the mainland officially into the "high-speed rail era", but the Guangzhou-Shenzhen High-speed Railway (Hong Kong section) project is still a stalemate, the relevant funding applications adjourned to this Friday.　　The delay in the construction of the high-speed rail project has not only caused a sharp increase in building costs, but also worried the various industries which aspire to the high speed rail business. Hong Kong's tourism industry has warned that the project could delay Hong Kong or be marginalized. As soon as the high-speed railway is completed, it can provide more convenient and inexpensive means of transport for mainland visitors to Hong Kong, and travel agencies can also take the opportunity to develop large-scale "Gaotie", where there are no direct flights to Hong Kong.