HK Stock Market Move | CATHAY PAC AIR (00293) further rises over 3%, with first-half year performance expected to increase. Both passenger and cargo volume grew by 9% year-on-year.

CATHAY PAC AIR (00293) rose over 3% again, reaching an increase of 3.31% as of the time of writing, at HK$14.04, with a turnover of HK$51.1673 million. In terms of news, on July 22, CATHAY PAC AIR announced that the group is expected to record a comprehensive surplus attributable to shareholders of approximately HK$6 to HK$6.5 billion for the six months ending June 30, 2026 (first half of 2026), including about HK$1.4 billion from the dilution of equity interests in China International Airlines held by the group. This was disclosed in the company's announcement of passenger and freight data for May 2026 (dated June 23, 2026). For comparison, the surplus attributable to shareholders recorded for the six months ending June 30, 2025 was HK$3.7 billion. The announcement stated that CATHAY PAC AIR and Hong Kong Express carried over 3.1 million passengers combined in the month, with Cathay Freight carrying approximately 145,000 tonnes of cargo, an increase of 9% from the same period last year. CATHAY PAC AIR saw a 12% increase in passenger volume in June 2026 compared to the same month in 2025, with available seat kilometers increasing by 6% year-on-year. Passenger volume in the first six months of 2026 increased by 17% compared to the same period in 2025. The group's performance in the first half of 2026 was also benefited from the sustained strong demand for CATHAY PAC AIR and Cathay Freight, improved performance of Hong Kong Express, and better profit contributions from affiliated companies.