China Southern Airlines’ H shares briefly surged by 11 per cent on Monday to their highest level in more than two years. Photo: Reuters

Airline shares surge in Hong Kong and Shanghai after China loosens fare controls and yuan strengthens

Citi says new policy will increase number of domestic routes that allow market-based pricing, and is expected to boost airlines’ earnings

Topic |   Air China

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China Southern Airlines’ H shares briefly surged by 11 per cent on Monday to their highest level in more than two years. Photo: Reuters
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