According to the Zhitong Financial APP, Dahua Jixian released a research report stating that after the stock price fell, Dahua Jixian upgraded China Southern Airlines (01055) to "buy" with a target price of 3 Hong Kong dollars; downgraded Air China Limited (00753) to "hold", reflecting weak operational data and involvement in more routes in the USA this year, with a target price of 3.5 Hong Kong dollars; maintained a "hold" rating for China Eastern Airlines (00670) with a target price of 1.8 Hong Kong dollars.

The report stated that the three major airlines still recorded losses in the first half of the year, with China Southern Airlines as the lower limit of the loss guidance, while Air China Limited and China Eastern Airlines' mid-term losses are at the median level of the guidance. The bank expects that the three mainland airlines should return to profit in the third quarter under weak rbob gasoline prices, but overcapacity will remain a medium-term challenge, which is not conducive to the repair of the airlines' balance sheets. The bank maintains a "shareholding" for the industry, with China Southern Airlines being the top pick.