LI AUTO-W and AIR CHINA Form Innovative Partnership in 'Aviation + Auto' Collaboration

Goldman Sachs maintains a positive outlook on airline stocks due to projected stronger international travel demand for Chinese airlines next year, driven by more countries granting visa-free access to Chinese travelers and a potential shortage of available seats. The firm also anticipates further increases in ticket prices as international passenger traffic forecasts are revised upward, supported by improving Chinese export activity and expanding visa-free policies. Specifically, they highlighted AIR CHINA with a Buy rating based on its strong performance. In contrast, they have a bearish stance on container shipping companies due to an oversupply of new vessel orders, leading to a Sell rating for COSCO SHIP HOLD.