China Southern Airlines mulls Hong Kong IPO for its cargo arm
China Southern Airlines (1055) once leapt as much as 3% during morning trade on Wednesday after the state-backed carrier was reported to be considering listing its cargo arm in Hong Kong. The spinoff of China Southern Air Logistics may aim to raise “at least several hundred million US dollars,” Bloomberg News reported. China Southern earlier announced plans to list its cargo arm in the Shanghai Stock Exchange but later in February said it would withdraw the application given the changes to market. Shares of China Southern Airlines in Hong Kong once hit as high as HK$3.38 during early trade, but its gains were later narrowed to HK$3.29 – a rise of 0.3%.<br/>
https://portal.staralliance.com/cms/news/hot-topics/2025-04-17/sky/china-southern-airlines-mulls-hong-kong-ipo-for-its-cargo-arm
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China Southern Airlines mulls Hong Kong IPO for its cargo arm
China Southern Airlines (1055) once leapt as much as 3% during morning trade on Wednesday after the state-backed carrier was reported to be considering listing its cargo arm in Hong Kong. The spinoff of China Southern Air Logistics may aim to raise “at least several hundred million US dollars,” Bloomberg News reported. China Southern earlier announced plans to list its cargo arm in the Shanghai Stock Exchange but later in February said it would withdraw the application given the changes to market. Shares of China Southern Airlines in Hong Kong once hit as high as HK$3.38 during early trade, but its gains were later narrowed to HK$3.29 – a rise of 0.3%.<br/>
