tiprankstipranks
Trending News
More News >

Air China Shareholders Commit to Holding Shares Amid Positive Outlook

Story Highlights
  • Air China operates in the aviation industry, providing passenger and cargo services.
  • CNAHC commits to maintaining its shareholdings in Air China for 18 months to support stability.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Air China ( (HK:0753) ) has shared an announcement.

Air China Limited announced that its controlling shareholder, China National Aviation Holding Corporation Limited (CNAHC), along with its subsidiary, has committed not to reduce their shareholdings in the company for 18 months. This decision reflects their confidence in the company’s future and aims to support its stable development, benefiting all shareholders, especially minority investors.

More about Air China

Air China Limited is a major airline company incorporated in the People’s Republic of China. It operates within the aviation industry, focusing on providing air transport services for passengers and cargo. The company is a significant player in China’s aviation market.

YTD Price Performance: 0.00%

Average Trading Volume: 4,000

Technical Sentiment Signal: Sell

Current Market Cap: £12.19B

Find detailed analytics on 0753 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App