The Economic Information Daily reported on the 5th that airline stocks generally declined, with China Eastern Airlines (00670) falling 3.2%, closing at HK$2.41, China Southern Airlines (01055) down 2.1% at HK$2.855, and Air China (00753) dropping 2% to HK$3.69.
On Sunday (4th), the Yemeni government announced launching a full-scale military operation, vowing to reclaim all areas controlled by Houthi militants. On the same day, the Saudi-led multinational coalition command also issued a statement saying that the coalition will continue to provide comprehensive combat support to the Yemeni government and its armed forces in confronting the Houthi militants.
Yemeni Presidential Leadership Council Chairman Al-Alimi stated that all branches of the Yemeni military have received operational orders to fight until "liberating the country from the hands of the terrorist Houthi militants."
The Houthis said on Sunday that Saudi Arabia had launched over 100 airstrikes and missile attacks on areas under Houthi control in the past 24 hours.
*Brent crude briefly surpasses $103 per barrel*
Affected by the news, December futures for Brent crude oil rose more than 1% after opening, briefly surpassing $103 per barrel, but later narrowed gains, currently trading at $101.84, down 0.38%. New York crude oil briefly approached $92 per barrel, now down 1.12% to $90.10 per barrel.
Currently, the Hang Seng Index stands at 23,954, down 18 points or less than 0.1%, with main board turnover exceeding HK$62.2 billion. The Hang Seng China Enterprises Index is at 8,029, down less than 1 point or less than 0.1%. The Hang Seng Tech Index is at 4,165, up 7 points or 0.2%.
(nw)
On Sunday (4th), the Yemeni government announced launching a full-scale military operation, vowing to reclaim all areas controlled by Houthi militants. On the same day, the Saudi-led multinational coalition command also issued a statement saying that the coalition will continue to provide comprehensive combat support to the Yemeni government and its armed forces in confronting the Houthi militants.
Yemeni Presidential Leadership Council Chairman Al-Alimi stated that all branches of the Yemeni military have received operational orders to fight until "liberating the country from the hands of the terrorist Houthi militants."
The Houthis said on Sunday that Saudi Arabia had launched over 100 airstrikes and missile attacks on areas under Houthi control in the past 24 hours.
*Brent crude briefly surpasses $103 per barrel*
Affected by the news, December futures for Brent crude oil rose more than 1% after opening, briefly surpassing $103 per barrel, but later narrowed gains, currently trading at $101.84, down 0.38%. New York crude oil briefly approached $92 per barrel, now down 1.12% to $90.10 per barrel.
Currently, the Hang Seng Index stands at 23,954, down 18 points or less than 0.1%, with main board turnover exceeding HK$62.2 billion. The Hang Seng China Enterprises Index is at 8,029, down less than 1 point or less than 0.1%. The Hang Seng Tech Index is at 4,165, up 7 points or 0.2%.
| Stock (Code) | Current Price (HK$) | Change (%) |
|---|---|---|
| China Eastern (00670) | 2.41 | Down 3.21% |
| China Southern (01055) | 2.855 | Down 2.06% |
| Air China (00753) | 3.69 | Down 1.99% |
| Cathay Pacific (00293) | 14.31 | Down 0.97% |
