The Zhitong Finance app learned that according to a research report published by Daimo, Cathay Pacific (00293) was given an “increase in holdings” rating, with a target price of HK$10.5. The company's passenger carrying rate is still higher than before the pandemic, especially on North American routes. Management expects strong demand for tourism during the Christmas holidays, as well as strong demand for freight at the end of the year. The Group's revenue in passenger kilometers rose to 65.4% of the November 2019 level, while the number of available seat kilometers rose to 65% of the November 2019 level. Compared with November 2019, the passenger carrying rate of the North American route is still 6.2 percentage points higher.