Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
China Eastern Airlines Corporation Limited Class H ( (HK:0670) ) has shared an update.
China Eastern Airlines has announced a revision of its existing aircraft and engines lease agreement, alongside the renewal of several key service agreements, including financial services, catering, and logistics, with proposed annual caps set through 2028. These strategic moves are aimed at strengthening the company’s operational framework and ensuring compliance with Hong Kong and Shanghai listing rules, potentially impacting its market positioning and stakeholder relations.
The most recent analyst rating on (HK:0670) stock is a Hold with a HK$2.30 price target. To see the full list of analyst forecasts on China Eastern Airlines Corporation Limited Class H stock, see the HK:0670 Stock Forecast page.
More about China Eastern Airlines Corporation Limited Class H
China Eastern Airlines Corporation Limited Class H is a major player in the aviation industry, primarily engaged in the operation of passenger and cargo airline services. The company focuses on providing comprehensive aviation services, including aircraft leasing, catering, and logistics support, with a significant market presence in China and international routes.
Average Trading Volume: 10,855,539
Technical Sentiment Signal: Buy
Current Market Cap: HK$89.68B
Learn more about 0670 stock on TipRanks’ Stock Analysis page.