Breaking
CNFocus Stocks》Boli-KY earned 3.8 yuan per share in the third quarter, hitting a single-quarter high, and the stock price jumped to the limitCN35% of the children who were murdered were sexually blackmailed. The Wings Spreading Association calls on every child to be caughtCNSea, land and air transportation preparations for 11/28 voting day! The double-rail reservation is less than 50%KR‘Blue wave’ shock hits the stock market… Plunge due to concerns over data center regulationCNThe change in the number of regular-speed passenger trains and tourist trains will be implemented at 0:00 on November 25. The change in the number of freight trains will be implemented at 18:00 on November 24.CNLast day! From May to June, 4 invoices worth tens of millions of dollars have not been received. Open the store here.CNFocus Stock》Taiwan Optoelectronics: Wrongly Killed?! Panasonic Hukou plant explosion benefits Taiwan OptoelectronicsKRSeoul Foundation for Arts and Culture, citizen contest for next year’s International Arts Forum themeCNTraffic accidents at intersections have occurred in many places recently, and the Traffic Management Bureau of the Ministry of Public Security issued a reminderCNSelf-driving to Mount Everest Base Camp was blocked, tourists sued the scenic spot for "infringement of road rights"CNFocus Stocks》Boli-KY earned 3.8 yuan per share in the third quarter, hitting a single-quarter high, and the stock price jumped to the limitCN35% of the children who were murdered were sexually blackmailed. The Wings Spreading Association calls on every child to be caughtCNSea, land and air transportation preparations for 11/28 voting day! The double-rail reservation is less than 50%KR‘Blue wave’ shock hits the stock market… Plunge due to concerns over data center regulationCNThe change in the number of regular-speed passenger trains and tourist trains will be implemented at 0:00 on November 25. The change in the number of freight trains will be implemented at 18:00 on November 24.CNLast day! From May to June, 4 invoices worth tens of millions of dollars have not been received. Open the store here.CNFocus Stock》Taiwan Optoelectronics: Wrongly Killed?! Panasonic Hukou plant explosion benefits Taiwan OptoelectronicsKRSeoul Foundation for Arts and Culture, citizen contest for next year’s International Arts Forum themeCNTraffic accidents at intersections have occurred in many places recently, and the Traffic Management Bureau of the Ministry of Public Security issued a reminderCNSelf-driving to Mount Everest Base Camp was blocked, tourists sued the scenic spot for "infringement of road rights"
Newsgather
All StoriesWorldSportsFinanceTechScienceHealthCultureClimatePoliticsSpace
BackFocus Stocks》EVA Air: The plunge in oil prices will usher in the year-end peak season again, and the stock price hits a 9-month high
Focus Stocks》EVA Air: The plunge in oil prices will usher in the year-end peak season again, and the stock price hits a 9-month high
BREAKING
自由时报10 minutes agoBusiness2 min readChinaView original

Focus Stocks》EVA Air: The plunge in oil prices will usher in the year-end peak season again, and the stock price hits a 9-month high

EVA Air2618crude oil price

Quick Look

  • The U.S. midterm elections are over, the Democratic Party swept Congress, and the market expects the U.S.-Iran war to end quickly.
  • Crude oil prices plummeted by more than 8%.
  • EVA Air's stock price opened higher, reaching 46.75 yuan in early trading, a new high since February 4 this year.

AI-generated summary

Why It Matters

The U.S. midterm elections ended, the Democratic Party swept Congress, and the market expected an accelerated end to the U.S.-Iran war. Crude oil prices plummeted by more than 8%. As EVA Air's peak season arrives, passenger and cargo demand is expected to be strong, and aviation fuel prices are expected to fall.

Font size

EVA Air’s peak season has arrived, and its stock price hit a nine-month high today. (Provided by EVA Air)

[Reporter Wang Yihong/Report from Taipei] The U.S. midterm elections are over, the Democratic Party swept Congress, and the market expects the U.S.-Iran war to end quickly. With geopolitical risks reduced, crude oil prices plummeted by more than 8%, inspiring airline stock EVA Air (2618 ) The stock price opened higher today, once reaching 46.75 yuan in early trading, an increase of more than 6%, a new high since February 4 this year. As of 10:04, the stock price was temporarily trading at 45.45 yuan, an increase of 1.7 yuan, or 3.89%, with a trading volume of more than 38,000 contracts.

Market participants pointed out that travel demand for Christmas and the Lunar New Year at the end of the year is expected to drive strong passenger traffic, and EVA Air's Northeast Asia, Europe, New Zealand, Australia and cross-strait routes have good passenger load factors, and EVA Air is expected to launch a route to Delhi, India, in December. The first two flights are currently full. For cargo, benefiting from the booming shipments of AI and high-tech products, passenger and cargo demand is expected to remain strong in the fourth quarter. In addition, aviation fuel prices are expected to fall, which will help operational performance.

Grasp the economic pulse with one hand. Click here to subscribe to Free Finance Youtube Channel

What to Watch

AI outlook — possibilities, not facts

  • EVA Air's passenger and cargo demand will remain strong in the fourth quarter, and its stock price may continue to rise

    Likely · Within weeks

Open Questions

  • What are EVA Air’s specific financial forecasts for the fourth quarter?
  • What are the long-term load factor expectations after the launch of the Delhi route in India?
  • What is the specific impact of the drop in oil prices on EVA Air’s full-year operating profit?

Related Topics

EVA Air
PeopleWang Yihong
PlacesTaipeiIndiadelhi
Topics2618crude oil priceairline stocksU.S. midterm electionsDemocratic PartyPassenger transport
This article was originally published by 自由时报.

Related Stories

Focus Stocks》Boli-KY earned 3.8 yuan per share in the third quarter, hitting a single-quarter high, and the stock price jumped to the limit
BREAKING·

Focus Stocks》Boli-KY earned 3.8 yuan per share in the third quarter, hitting a single-quarter high, and the stock price jumped to the limit

Boli-KY (8467), the world's largest hockey stick manufacturer, announced a third-quarter after-tax profit of 3.8 yuan per share, a record high in a single quarter. The board of directors approved a cash dividend of 2 yuan per share, driving the opening stock price to jump to 96.8 yuan. After-tax earnings per share in the first three quarters were 6.33 yuan, still down from 9.42 yuan in the same period last year.

自由时报
2 min read
Canton Fair buyers hit new highs, Made in China injects certainty into the stability of global production and supply chains
Business·

Canton Fair buyers hit new highs, Made in China injects certainty into the stability of global production and supply chains

The 140th China Import and Export Fair (Canton Fair) closed on November 4. As of the 3rd, 352,000 overseas purchasers from 219 countries and regions had attended the conference, an increase of 12.2% from the previous session, and the scale reached a new high. More than 32,000 companies participated in the exhibition with 4.88 million exhibits, and new products and green products accounted for 23.2% and 26% respectively, both reaching record highs.

中国新闻网
3 min read
Last day! From May to June, 4 invoices worth tens of millions of dollars have not been received. Open the store here.
Urgent·

Last day! From May to June, 4 invoices worth tens of millions of dollars have not been received. Open the store here.

The period for collecting prizes with unified invoices for the May-June period ends on November 5th, with only the last day left. According to statistics from the Ministry of Finance, 4 special prizes of 10 million yuan have not been claimed, 4 special prizes of 2 million yuan have not been claimed, and 5 special prizes of 1 million yuan exclusive to cloud invoices have not been claimed. A total of 13 grand prizes of more than 1 million yuan have not been claimed.

自由时报
2 min read
Focus Stock》Taiwan Optoelectronics: Wrongly Killed?! Panasonic Hukou plant explosion benefits Taiwan Optoelectronics
Urgent·

Focus Stock》Taiwan Optoelectronics: Wrongly Killed?! Panasonic Hukou plant explosion benefits Taiwan Optoelectronics

The explosion at Taiwan's Panasonic Hukou plant has attracted market attention. Legal analysis has limited actual impact on the global CCL supply chain, because Taiwan's Panasonic's multi-layer material production capacity accounts for less than 10% of Panasonic's overall CCL production capacity, and its core production bases are still mainly in Japan and China. Taiwan Optoelectronics was pushed to the daily limit of 4,100 yuan in early trading. As of 10:05, it fell 9.11% to 4,140 yuan, with a trading volume of about 3,000 contracts. With the increased volume of the Google TPU v9 platform, Taiwan Optoelectronics is expected to further expand its supply share and have high growth momentum in future profits.

自由时报
2 min read
The AI data center has been hit hard? 25% of the planned production capacity in Texas, USA, is subject to change, causing shock to the industry
Developing·

The AI data center has been hit hard? 25% of the planned production capacity in Texas, USA, is subject to change, causing shock to the industry

After the U.S. midterm elections, Texas Governor-elect Hinojosa promised to suspend permits for new data centers before the state Legislature enacts legislation. The tens of billions of dollars in AI construction plans face uncertainty. Referendums and polls in many places across the United States show that voters are generally opposed to the expansion of data centers. Democrats who advocate strict regulations have also been elected in key towns such as Ohio, Georgia and Pennsylvania. The industry is worried about the slowdown in prosperity.

自由时报
3 min read
Fans around the world! Chinese style and trendy clothing are selling well overseas, and foreigners come here to grab the goods.
Business·

Fans around the world! Chinese style and trendy clothing are selling well overseas, and foreigners come here to grab the goods.

In the first three quarters of this year, my country's clothing exports reached US$120.7 billion, a year-on-year increase of 4.8%. In September, it increased by 23.9% year-on-year, rising steadily for four consecutive months. National fashion and new Chinese-style clothing have soared in overseas markets with their original designs and flexible and intelligent manufacturing. Orders are constantly being snapped up at the Canton Fair, and overseas merchants make special trips to China to select styles and inspect the goods.

中国新闻网
3 min read
More on this topicEVA Air