Guolonghui Oct. 9 | JPMorgan released a research report stating that mainland aviation stocks' A-shares and H-shares have risen by about 25% and 60% respectively in the past two weeks. After the increase, the H shares of Air China and China Southern Airlines are trading above historical averages and have reached the target price of the bank. The bank recommends taking profits and downgrades the H-share ratings of the two airlines to 'Neutral', while shifting to underperforming aviation stocks, with China Eastern Airlines and spring airlines as top choices, as well as mainland airports, with Beijing Capital Airport and Shanghai International Airport as preferred 'shareholdings'. JPMorgan's latest preference order for aviation stocks is China Eastern Airlines as the first choice, followed by spring airlines, then China Southern Airlines, and finally Air China. The bank raised China Eastern Airlines' target price from HK $2.7 to HK $3, maintaining a 'shareholding' rating; China Southern Airlines' target price was raised from HK $4 to HK $4.2; Air China's target price was raised from HK $4.9 to HK $5.1.