STOCKWATCH: China Eastern Airlines to absorb at HK$1 for mid-term

China Eastern Airlines Corporation (0670) has outperformed the broad market recently. The stock stabilized at HK$1 despite it was dragged down by the broad market at one time on Wednesday, which shows great forces at the supporting level. Recommend mid-term investors to absorb at present price. Short-term resistance at HK$1.07/1.13.

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