On May 21, Cathay Pacific Airways rose 3.09% in regular trading, trading at HK$12.35/share, with trading volume of HK$24.60 million.

On the news front, Cathay Pacific released its April operational data showing strong recovery momentum. The airline carried approximately 2.765 million passengers during the month, representing a 16.5% year-over-year increase. Passenger load factor reached 88.2%, up 1.8 percentage points year-over-year, while available seat kilometers grew 15.4%. On the cargo side, the airline transported 144,000 tonnes of freight, up 8.2% year-over-year.

Additionally, Cathay Pacific's shareholder special meeting approved the buyback of Qatar Airways' entire stake of approximately 9.57% of issued shares with an overwhelming 99.9968% vote in favor. The transaction is valued at approximately HK$6.969 billion. The market expects seasonal leisure travel demand and major events to continue supporting Cathay Pacific's traffic resilience going forward.

Within the Airlines sector, the overall sector showed broad-based strength. Among individual stocks, Air China up 5.03%, China Southern Airlines up 3.72%, China Eastern Airlines up 3.68%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)