tiprankstipranks
Company Announcements

China Southern Airlines Withdraws Spin-Off Listing of Logistics Subsidiary

Story Highlights
China Southern Airlines Withdraws Spin-Off Listing of Logistics Subsidiary

Discover the Best Stocks and Maximize Your Portfolio:

China Southern Airlines Company Limited Class H ( (HK:1055) ) has provided an announcement.

China Southern Airlines announced the withdrawal of the proposed spin-off and listing application for its subsidiary, China Southern Air Logistics, on the SSE due to changes in the market environment. This decision is not expected to significantly impact the company’s operations, financial condition, or future strategic plans.

More about China Southern Airlines Company Limited Class H

China Southern Airlines Company Limited operates within the aviation industry and provides air transportation services. It is focused on passenger and cargo transport and is incorporated in the People’s Republic of China.

YTD Price Performance: -17.65%

Average Trading Volume: 16,389,117

Technical Sentiment Consensus Rating: Buy

Current Market Cap: HK$96.97B

Find detailed analytics on 1055 stock on TipRanks’ Stock Analysis page.

Related Articles
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
1