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Changes in Hong Kong stocks | BOC Aviation Leasing (02588) rose by more than 5%, capital giants increase aircraft leasing market company to become the largest aircraft leasing company in Asia
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The Zhitong Finance App learned that BOC Aviation Leasing (02588) rose more than 5% at the end of the session. As of press release, it rose 4.99% to HK$79.9, with a turnover of HK$180 million.

According to news, on November 2, Avolon, an aircraft leasing company owned by Bohai Leasing, announced the establishment of an aircraft leasing partnership with investors under the US infrastructure investment agency ISQ and the Abu Dhabi Investment Authority. The first batch of the new platform will buy 22 aircraft with leases from Avolon, with an asset value of approximately US$1,398 million. According to reports, recently more and more large global investment institutions have begun to set their sights on the aircraft leasing business.

Bank of America Securities released a research report stating that it covered BOC Airlines Leasing for the first time and gave it a “buy” rating. The target price was HK$80, based on a valuation of 0.9 times the expected book value per share in 2027, along with a potential total return of about 17% for dividends. As the largest aircraft leasing company in Asia, BOC Aviation is benefiting from structural resilience in global air travel demand and tight aircraft supply; an aging fleet, combined with continued restrictions on the supply of original plants and engines, should support the maintenance of leasing rates and the value of used aircraft at a higher level for a longer period of time.

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