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China visitor slowdown a blip for SGX aviation services provider: Maybank

Broker's Calls

China visitor slowdown a blip for SGX aviation services provider: Maybank

PC Lee Published on Tue, Jan 15, 2019 / 3:22 PM GMT+8

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SINGAPORE (Jan 15): Singapore’s aviation services-related stocks have been weighed down by a slowdown in Chinese visitor arrivals in 4Q18.

However, Maybank KimEng says market worries are somewhat overblown.

“We remain bullish on the sector for the secular longer-term trends of global fleet and regional passenger and cargo traffic growth,” says analyst Neel Sinha in a Monday report.

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