Shanghai carriers caution investors
By Wang Ying | China Daily | Updated: 2009-07-17 08:03
|
China Eastern airplanes at the Kunming airport. Shares of China Eastern and Shanghai Airlines rose by their 5 percent daily limit in four consecutive days after their merger announcement. CFP |
SHANGHAI: Shares of China Eastern Airlines and Shanghai Airlines hit their fourth consecutive daily limits of 5 percent yesterday after a one-hour trading suspension, indicating the favorable market response to the merger, stock analysts said.
Photo
