China’s Spring Airlines weighs Hong Kong listing, Bloomberg reports

China’s Spring Airlines is considering a listing in Hong Kong that could raise several hundred million US dollars, people familiar with the matter told Bloomberg.

The budget carrier has picked JPMorgan and UBS to work on the potential deal, the people said.

Spring Airlines is already listed in Shanghai, where its shares have fallen about 7 percent this year, versus a 16 percent gain by the Shanghai Composite Index.

According to its website, the Shanghai-based carrier operates a fleet of 134 aircraft serving more than 190 domestic routes and over 50 international and regional routes.

It reported net profit of 1.17 billion yuan (HK$1.28 billion) in the first half of 2025, down 14 percent from a year earlier, while revenue rose 4.3 percent to 10.3 billion yuan.

STAFF REPORTER