BUZZ-Hainan Meilan Airport jumps on joint venture deal with Changi Airports

Reuters

Oct 21, 2024

** Shares of Hainan Meilan International Airport Co Ltd

jump 12.5% to HK$8.90, their highest since Oct. 8, and on track for the second straight session of gains

** Company said it had agreed to establish a 51%-owned joint venture (JV) with Changi Airports China Pte Ltd in China's Hainan to operate and manage certain specified non-aeronautical businesses, including retail, catering, leisure, advertising and guest services, at Haikou Meilan International Airport

** Says the JV will be 49% owned by Changi Airports China - an indirect unit of Changi Airport Group (Singapore) Pte. Ltd owned by Singapore's Ministry of Finance

** Hang Seng Commerce & Industry Index slips 0.5% and Hang Seng Index eases 0.6%

** Stock of Hainan Meilan International Airport up 14.1% YTD

(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2477107235"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2477107235\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2477107235?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-10-21 12:23","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2477107235","market":"hk","top_or_hot":-1,"title":"BUZZ-Hainan Meilan Airport jumps on joint venture deal with Changi Airports","media":"Reuters","content":"<html><body><p>** Shares of Hainan Meilan International Airport Co Ltd</p><p>  jump 12.5% to HK$8.90, their highest since Oct. 8, and on track for the second straight session of gains</p><p>   ** Company said it had agreed to establish a 51%-owned joint venture (JV) with Changi Airports China Pte Ltd in China's Hainan to operate and manage certain specified non-aeronautical businesses, including retail, catering, leisure, advertising and guest services, at Haikou Meilan International Airport </p><p>   ** Says the JV will be 49% owned by Changi Airports China - an indirect unit of Changi Airport Group (Singapore) Pte. Ltd owned by Singapore's Ministry of Finance  </p><p>   ** Hang Seng Commerce &amp; Industry Index    slips 0.5% and Hang Seng Index    eases 0.6%</p><p>   ** Stock of Hainan Meilan International Airport up 14.1% YTD</p><p> (Reporting by Donny Kwok)</p><p>((donny.kwok@thomsonreuters.com))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BUZZ-Hainan Meilan Airport jumps on joint venture deal with Changi Airports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBUZZ-Hainan Meilan Airport jumps on joint venture deal with Changi Airports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-10-21 12:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>** Shares of Hainan Meilan International Airport Co Ltd</p><p>  jump 12.5% to HK$8.90, their highest since Oct. 8, and on track for the second straight session of gains</p><p>   ** Company said it had agreed to establish a 51%-owned joint venture (JV) with Changi Airports China Pte Ltd in China's Hainan to operate and manage certain specified non-aeronautical businesses, including retail, catering, leisure, advertising and guest services, at Haikou Meilan International Airport </p><p>   ** Says the JV will be 49% owned by Changi Airports China - an indirect unit of Changi Airport Group (Singapore) Pte. Ltd owned by Singapore's Ministry of Finance  </p><p>   ** Hang Seng Commerce &amp; Industry Index    slips 0.5% and Hang Seng Index    eases 0.6%</p><p>   ** Stock of Hainan Meilan International Airport up 14.1% YTD</p><p> (Reporting by Donny Kwok)</p><p>((donny.kwok@thomsonreuters.com))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1196","symbol_name":"机场服务","start_time":0,"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","article_id":"2477107235","we_media_id":"1036604489","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2477107235","pubTimestamp":1729484613,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"summary":"** Shares of Hainan Meilan International Airport Co Ltd  jump 12.5% to HK$8.90, their highest since Oct. 8, and on track for the second straight session of gains   ** Company said it had agreed to establish a 51%-owned joint venture  with Changi Airports China Pte Ltd in China's Hainan to operate and manage certain specified non-aeronautical businesses, including retail, catering, leisure, advertising and guest services, at Haikou Meilan International Airport    ** Says the JV will be 49% owned by Changi Airports China - an indirect unit of Changi Airport Group  Pte. Ltd owned by Singapore's Ministry of Finance     ** Hang Seng Commerce & Industry Index    slips 0.5% and Hang Seng Index    eases 0.6%   ** Stock of Hainan Meilan International Airport up 14.1% YTD ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1196":"机场服务","BK1604":"节假日概念","00357":"美兰空港","BK1561":"航空股"},"translate_title":"海南美兰机场与樟宜机场达成合资协议","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00357":0.9},"content_text":"** Shares of Hainan Meilan International Airport Co Ltd  jump 12.5% to HK$8.90, their highest since Oct. 8, and on track for the second straight session of gains   ** Company said it had agreed to establish a 51%-owned joint venture (JV) with Changi Airports China Pte Ltd in China's Hainan to operate and manage certain specified non-aeronautical businesses, including retail, catering, leisure, advertising and guest services, at Haikou Meilan International Airport    ** Says the JV will be 49% owned by Changi Airports China - an indirect unit of Changi Airport Group (Singapore) Pte. Ltd owned by Singapore's Ministry of Finance     ** Hang Seng Commerce & Industry Index    slips 0.5% and Hang Seng Index    eases 0.6%   ** Stock of Hainan Meilan International Airport up 14.1% YTD (Reporting by Donny Kwok)((donny.kwok@thomsonreuters.com))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}