On November 18, Glonghui reported that the Hong Kong stock market's stocks beginning with middle letter and high-yield concept stocks collectively strengthened today, with the aviation/airlines industry also seeing a significant rise. Air China Limited and China Southern Airlines both rose over 4%, Meilan Airlines increased by 3.9%, and China Eastern Airlines and Cathay Pac Air both rose over 2%. In terms of news, on November 15, the China Securities Regulatory Commission released "Guidelines No. 10 for Listed Company Supervision - Market Cap Management," which took effect from the date of release. Additionally, Sinolink noted that there will be an increase of 2 days off during the holidays in 2025, which will help boost the demand for civil aviation and high-speed rail travel. If demand improves, the optimization of supply and demand will drive ticket prices up, and combined with the market-oriented ticket pricing, the profitability of airlines will be released, resulting in a high beta for the aviation/airlines sector, with significant excess returns in a bull market. (Glonghui)