China Southern Airlines Co Ltd (1055)

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China Southern Airlines Co Ltd (1055) Profile

China Southern Airlines Co Ltd (1055.xhkg) is a Chinese air transportation services provider headquartered in Guangdong, the People’s Republic of China. China Southern Airlines operates 3,000 daily flights to 224 destinations in 40 countries and regions globally. As of 2020, it is the 8th largest airliner by revenue with about ¥92.56B (CNY) and 6th by carried passengers with 151.4M passengers. CHINASOUTHAIR is currently the 5th largest airliner by fleet size, offering more than 500,000 seats. The parent company of China Southern Airlines Company Limited is the state-owned enterprise China Southern Air Holding Company. China Southern Airlines Co Ltd (1055.xhkg) is traded on the Shanghai Stock Exchange (SSE), the Hong Kong Stock Exchange (SEHK), the New York Stock Exchange (NYSE), and its current market cap is $13.46B (USD). Following China Southern’s decision to lower its prices to tackle pandemic, CHINASOUTHAIR (1055.xhkg) share price seems to be gaining back its value.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in HK Time
Fri
09:00-16:00
Mon
09:00-16:00
Tue
09:00-16:00
Wed
09:00-16:00
Thu
09:00-16:00
Sun
Closed
Sat
Closed

Share CFD Trading FAQ

Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.

While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.

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Source - database | Page ID - 315

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