QUOTE AND NEWS
The Economic Times  Jul 20  Comment 
In economic policy, Modi has successfully followed what CEA Arvind Subramanian calls “persistent, creative and encompassing incrementalism”.
The Hindu Business Line  Jul 18  Comment 
‘Reforms to be led by competitive federalism of States’
The Economic Times  Jul 13  Comment 
Speaking at the India Policy Forum 2016 organised by the National Council of Applied Economic Research (NCAER), Subramanian said the new wave of anti-globalisation sentiment in the advanced economies could pose a threat to the Indian economy in...
The Economic Times  Jul 7  Comment 
The Modi government on Wednesday said it has set up a pabel to examine the desirability and feasibility of having a ‘new financial year’. It will be headed by former Chief Economic Advisor (CEA) Shankar Acharya, as the chairman.
Reuters  Jul 5  Comment 
China Eastern Airlines Corp has raised 8.55 billion yuan ($1.28 billion) in a private sale of shares to a group of investors including China's biggest online travel...
The Economic Times  Jul 3  Comment 
CEA Arvind Subramanian last month submitted an approach paper to the Finance Ministry on scenarios to deal with a rise in crude oil prices.
Mondo Visione  Jun 27  Comment 
The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has approved the application of Clear Markets North America, Inc. (Clear Markets), granting it fully registered status with the CFTC as a Swap Execution Facility (SEF)....
The Hindu Business Line  Jun 26  Comment 
The CEA ought to be voicing India’s and not US’ interests
The Economic Times  Jun 26  Comment 
In the backdrop of surge in tomato price, he said fluctuation in vegetable prices was linked to market forces rather than cultivation.
The Economic Times  Jun 26  Comment 
The decision has reversed the experiment by the European countries for togetherness as a collective entity, he said, adding the elites would now be forced to recalibrate and adjust.




 
TOP CONTRIBUTORS

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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