On December 30, China International Air Cargo Co., Ltd. (hereinafter referred to as 'China National Air Cargo') officially landed on the A-shares. On that day, the stock opened high, and during the session, the stock price rose by more than 400%, then slightly retreated. By the end of the trading day, China National Air Cargo reported 9.3 yuan/share, with an increase of 304.35%, and a total Market Cap of 111.7 billion yuan. With the listing of China National Air Cargo, the three major airline logistics companies are approaching their 'gathering' on the A-shares. In 2021, the 'first stock of mixed reform in aviation logistics', Eastern Airlines Logistics Co., Ltd., was listed on the Main Board of the Shanghai Stock Exchange. China Southern Airlines Logistics Co., Ltd. (hereinafter referred to as 'China Southern Logistics') also received approval for its IPO on December 31, 2023. The official website of the Shanghai Stock Exchange shows that China Southern Logistics has recently updated and submitted relevant financial information for its Main Board IPO, with the company intending to raise approximately 6.08 billion yuan. (Securities Daily)
国货航上市首日跻身千亿元市值俱乐部,三大航物流公司“会师”A股渐行渐近
On its first day of listing, China National Aviation entered the 100 billion Market Cap club, as the three major aviation logistics companies get closer to joining the A-shares.
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