QUOTE AND NEWS
The Economic Times  Apr 28  Comment 
India needs to have supportive exchange rate policies, CEA Arvind Subramanian said, adding that the rupee should not become too strong.
The Economic Times  Apr 25  Comment 
The government is grappling with the challenge of how to waive the debt of the private sector, which is a political issue now, the CEA said.
The Hindu Business Line  Apr 25  Comment 
Any “serious actions” taken by the Trump Administration on the H—1B visa programme would be a cause of “worry” as a majority of Indian exports in the services sector go to the US, Chief Economic Advi...
Mondo Visione  Apr 20  Comment 
The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued an Order of Registration to NEX SEF Limited (NEX SEF), of London, England, granting it registration status with the CFTC as a Swap Execution Facility (SEF). ...
The Hindu Business Line  Apr 19  Comment 
India’s high economic growth rate last fiscal may not reflect the actual impact of demonetisation particularly on the informal sector, and it may take a few months to assess its real fallout, Chief E...
The Economic Times  Apr 19  Comment 
Subramanian -- who had mooted the idea of universal basic income or a uniform stipend paid to every adult and child, poor or rich, in the annual survey of the economy this year.
The Economic Times  Apr 13  Comment 
Data available with CEA shows that the energy deficit in UP in January 2016 stood high at 11.5% — the energy requirement was showed at 8,340 million units against supply of 7,384 million units.
The Economic Times  Apr 12  Comment 
A senior official in the Central Electricity Authority (CEA) said the deficit was lowest since the CEA started maintaining the reports in 1992.
The Economic Times  Apr 12  Comment 
The generation decreased by 10.5 per cent in BBMB projects, primarily an irrigation project, over FY 16 but surpassed the target by 11 per cent set by the CEA.
MarketWatch  Apr 7  Comment 
President Donald Trump has nominated Kevin Hassett, an economist at the American Enterprise Institute, as chairman of the White House Council of Economic Advisers, according to a statement released late Friday. The nomination had been expected....




 
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China Eastern Airlines Corporation Limited (China Eastern), one of the three largest airliners in China by fleet size and the primary air carrier serving Shanghai, was founded in 1995 and is headquartered in Shanghai, China. China Eastern, together with its subsidiaries, engages in the airline operations in China, and internationally. It provides domestic and international passenger, cargo, and mail airline services. The company is also involved in the logistics and property management operations and provision of air catering, pilot training, aircraft repair and maintenance, flight simulation, and airport ground services. China Eastern accounted for approximately 23.0% of the total commercial air traffic (as measured in tonne-kilometers) handled by Chinese airlines in 2006. China Eastern operates primarily from Shanghai's Hongqiao Airport and Pudong International Airport. As of December 31, 2006, China Eastern operated a fleet of 205 aircraft. China Eastern is a subsidiary of state-owned China Eastern Airlines Holding Company, which owns 59.67% of China Eastern.

China Eastern recorded a sharp profit increase in the third quarter mainly due to strong passenger demand and the Chinese currency appreciating versus the US dollar. Although volatile fuel prices and fewer operating efficiencies still hurt China Eastern's operating performance, China Eastern is well positioned to leverage the growth potential of aviation industry in China. Other factors including an appreciating Chinese currency, high discount of ADS price to A share price, and expected operating efficiencies brought by its strategic partners should also support its stock price. We think its current price fairly reflects most factors. Therefore, we are maintaining Hold recommendation for its stock.




References

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