Changes in Hong Kong stocks | Aviation stocks continue to be pressured, the US and Iran have repeatedly raised $95, and airlines still face high fuel costs

The Zhitong Finance App learned that aviation stocks continued to be under pressure. As of press release, Capital Airport (00694) fell 3.24% to HK$1.495; Air China (00753) fell 1.84% to HK$3.73; China Eastern Airlines (00670) fell 1.78% to HK$2.49; and China Southern Airlines (01055) fell 1.54% to HK$2.87.

According to the news, Brent crude oil rebounded above 95 US dollars overnight. US President Trump said on November 12 that the US “does not need” to reach an agreement with Iran. Market expectations for a recent easing have weakened, and the risk that shipping in Hormuz may continue to be disrupted is taken back into account.

The Islamic Revolutionary Guard Corps of Iran issued a statement on the 13th saying that it attacked and destroyed the US military's early warning radar in Bahrain that day. This is Iran's first known attack on US military facilities in the Middle East in two months. Zhongtai Securities pointed out that in the medium to long term, airlines are currently facing high fuel costs, they still have to wait for performance to be realized, and there may be iterations in the stock price repair process.