Why China Southern Airlines Stock Took Flight This Week

Why China Southern Airlines Stock Took Flight This Week

China is beginning to scale back its zero-COVID policy, which could lead to Chinese citizens and visitors having more freedom to travel around the country. Shares of China Southern Airlines (NYSE: ZNH) climbed as much as 13% this week, according to data provided by S&P Global Market Intelligence, as investors bet on one of the world's most important aviation markets beginning to normalize. China has followed a very different path through the pandemic compared to most of the world.