Shanghai International Airport (600009 CH): Best of the Breed
We regard Shanghai International Airport Co, Ltd. (600009 CH) (SIAC) as the best airport play in China when compared with its peers like Beijing...
373 Views
Trip.com - Another Ugly Corona Virus Update
Trip.com Should Get a Significant Downward Re-Rating: Mainland China is at the epicenter of this tourism slowdown. If the virus impact continues...
289 Views
China Southern Airlines: No Right Way to Price Risk
The current disruption in the air travel within and outbound of China is unprecedented as the government has imposed lock-down to contain the...
353 Views
Chinese Airlines: Pair Trade - Long China Southern (1055 HK), Short Air China (753 HK)
We advocate a pair trade of long China Southern Airlines (1055 HK), short Air China Ltd (H) (753 HK) based on three thesis: 1.) Air China's high...
410 Views
TRACKING TRAFFIC/Chinese Tourism: December Travel Demand Weak (Pre-Corona Virus)
Data from December 2019 suggest that Chinese outbound and domestic tourism activity was weak even before a corona virus outbreak led to dramatic...
339 Views