With the downturn of the industry, the allocation of institutional investors to the airport sector has gradually declined. At the end of 2021, the number of funds with positions fell to less than 300, the lowest in ten years.
In the morning of March 22, the Shanghai Stock Index fluctuated narrowly, and the gem index fell by more than 1%. Pharmaceutical themes such as covid-19 drug concept, covid-19 detection, CXO concept, NMN concept and anti influenza led the decline, while popular pharmaceutical stocks Jiangsu Sinopep-Allsino Biopharmaceutical Co.Ltd(688076) , Nanjing Hicin Pharmaceutical Co.Ltd(300584) , Chengda pharmaceutical, Aba Chemicals Corporation(300261) , etc. fell by more than 7%.
Property management, diamond cultivation, digital currency, CIPS, oil and gas reform and other themes rebounded. The property management index rose the first, with concept stocks Shenzhen Sdg Service Co.Ltd(300917) .
Affected by the China Eastern Airlines passenger plane crash, the civil aviation sector has adjusted. In terms of U.S. stocks, as of the closing on March 21, Boeing shares fell 3.59% to $185.90/share China Eastern US stocks closed down 6.31% last night. Hong Kong stocks continued to decline after opening today, closing down 5.82%.
As for the A-share aspect, the \ and other opening declines exceeded 3%. After the opening, the China Eastern Airlines Corporation Limited(600115) share price continued to decline, falling by more than 9% at one time.
Soon after the opening, the civil aviation sector is gradually picking up, and the civil aviation sector is a part of the civil aviation sector. Soon after the opening, soon after the opening, the civil aviation sector is gradually picking up, and the civil aviation sector is a part of the civil aviation sector. The Civil Aviation sector is a part of the civil aviation sector, and the civil aviation sector is a part of the civil aviation sector. The 456 the.
“It is rumored that more than one of the directors was on the plane on August 22.
After verification, Ms. Fang Fang, the chief financial officer of the company, took flight “mu5735” at 13:15 on March 21, 2022. The company will pay close attention to the follow-up progress of the accident.
Boeing responds to China Eastern Airlines passenger plane crash
expert: the information at this stage is far from enough to judge the cause
According to Xinhua news agency, the report was sent back from the rescue site of China Eastern Airlines mu5735 passenger plane crash. Previously, the temporary headquarters had been set up. According to the on-site rescue personnel, the difficulty of searching the black box would be increased because the crash site was in the mountains and forests.
After the accident, the rescue forces of all parties quickly gathered to carry out rescue. According to the Central Radio and television station in molang village, Tengxian County, the wreckage and debris of the airliner were found at the scene, but the missing persons on board have not been found yet. A UAV mobile base station has been opened locally, which can ensure a flight of more than 200 meters and stay in the air for 24 hours.
After the accident, Boeing’s attitude has also attracted much attention. In response, Boeing responded: “we miss every passenger and crew member of China Eastern Airlines flight mu5735. We are cooperating with China Eastern Airlines to provide support to them. At the same time, Boeing is in contact with the National Transportation Safety Commission of the United States, and our technical experts are ready to assist the civil Aviation Administration of China in carrying out the investigation.”
According to the data recorded by the flight data platform flightradar24, the Boeing 737800 ng airliner flying mu5735 on March 21 took off from Kunming Changshui International Airport at about 13:15 Beijing time. At about 14:20, the passenger plane was cruising at an altitude of 29100 feet, with an airspeed of 457 knots and normal data. But after that, the plane quickly lost altitude and fell about 20000 feet in three minutes.
According to China Newsweek, Thomas Jeffrey, an internationally renowned aviation safety expert and former editor in chief of air transport world, said that the accident was shocking and sad, and the information at this stage is far from enough to judge the cause. “China Eastern Airlines has an almost perfect flight safety record, which is a disaster against the background of excellent air traffic control system, excellent airlines and excellent aircraft.”
Jeffrey said that there was no distress signal, there was no smoke in the air, and it was extremely rare to fall in a vertical position. When a civil aircraft completes a flight mission, it will go through three stages: take-off, cruise and approach and landing (approach refers to the process of aligning the aircraft with the runway when descending). Jeffrey pointed out that according to the flight records of flight mu5735 on and before March 20, it can be seen that the time and altitude when the passenger plane began to fall rapidly are at the node of the passenger plane from the cruise phase to the airport approach phase.
airport sector fund positions fell by more than 80%
According to the statistics of securities times · databao, since the outbreak of the epidemic, the performance of A-share airport listed companies has been impacted. In 2020, the net profit of 12 companies totaled 102.6 billion yuan, the first loss in nearly a decade, and the amount of loss reached an all-time high. By 2021, the airport company will still maintain the situation of performance loss. According to the calculation of the lower limit of net profit in annual report, express report and advance notice, more than half of the companies lost more than 100 million yuan in net profit last year, of which Air China Limited(601111) , China Eastern Airlines Corporation Limited(600115) , China Southern Airlines Company Limited(600029) 3 companies lost more than 10 billion yuan.
Air China Limited(601111) performance forecast shows that 2021 is the second year of covid-19 pneumonia epidemic spreading all over the world, the investment of international routes continues to be limited, the flow of China’s passenger transport market fluctuates greatly, and it is increasingly difficult to improve the company’s operating efficiency. Rising oil prices, exchange rate fluctuations and other factors further increase the difficulty of the company’s operation. At the same time, the investment enterprises related to the main business are also seriously affected. The company expects a net profit loss of 14.5 billion yuan to 17 billion yuan in 2021.
With the downturn of the industry, the allocation of institutional investors to the airport sector has gradually declined. According to the statistics of data treasure, in 2019, 12 airport companies won 2685 fund positions, the highest scale in recent ten years.
By 2020, the number of funds with positions will be reduced by more than 20%. By the end of 2021, the number of funds with positions will be reduced to less than 300, which is the lowest in ten years. Compared with the previous year, more than 1800 funds have been withdrawn, a year-on-year decrease of 86.55%
From the performance of the secondary market, as of the closing on March 21, the share price of the airport company has fallen by an average of 3.21% this year, outperforming the Shanghai stock index in the same period Air China Limited(601111) , Guangzhou Baiyun International Airport Company Limited(600004) , China Eastern Airlines Corporation Limited(600115) , Shanghai International Airport Co.Ltd(600009) and other four stocks rose against the market.
According to the research report released by Anxin securities this morning, there are only two major aviation safety accidents in China since 2003: Yichun air crash in 2010 and Baotou air crash in 2004. On the whole, the pullback is not obvious, or it is related to the capital market environment and the degree of information diffusion at that time.
Short term aviation travel confidence may be affected by aviation accidents, especially for medium and short distance routes within 800 kilometers, and the substitution effect of high-speed rail is amplified for consumers who just need it.
There has been no serious air transportation accident in China for 11 years, and the safety level of China’s civil aviation is the world’s leading. The agency expects that the industry will usher in a round of strong supervision, with long-term safety and confidence in the civil aviation industry. At the same time, vaccination and specific drugs will be promoted, and the aviation industry will continue to usher in a recovery cycle.
