One year, one month and ten days after being subjected to other special treatment (i.e. "wearing a hat"), China Eastern Airlines can finally take off the "ST" sign on its head: according to the company's announcement, its application for canceling other special treatment has been approved by the Shanghai Stock Exchange, and the company will resume trading on May 28, that is, today, after one day of suspension on May 27, and the company name will be changed to "Eastern Airlines" from today. The expected "recovery" of China Eastern Airlines has successfully "taken off its hat" in just over a year, which is rare in China's capital market. But considering the actual situation of China Eastern Airlines, this is not surprising. In 28, the sharp rise and fall of international crude oil prices caused heavy losses to airlines hedging jet fuel futures, and the fair value loss of China Eastern Airlines' jet fuel hedging contract was several billion yuan. In addition, the global financial crisis has caused the shipping market to shrink sharply, and it is difficult for China Eastern Airlines to be immune to the "cold winter" when the civil aviation industry suffers. According to the data, the net profit of China Eastern Airlines in 28 was-13.928 billion yuan, which caused the company with high debts to enter the "insolvency" dilemma. On December 31, 28, the audited shareholders' equity of China Eastern Airlines was negative, and the company began to be given other special treatment on April 17, 29-wearing the "ST" hat. In 29, the situation changed significantly. On the one hand, the company received strong support from the management and obtained 7 billion yuan from the state. The company itself also raised 7 billion yuan through private placement, and the asset-liability ratio returned to less than 1%. On the other hand, the increase in international crude oil prices made the company's fuel hedging appear a certain floating profit, and the return of the civil aviation construction fund made the company turn losses into profits in 29; In the first quarter of this year, the continuous recovery of the global economy, especially the domestic economy, made the company realize the profit of its main business after eliminating various influences. In this context, it is natural that the company's application for "revocation of other special treatment" was passed. In this year's market, "uncapped" theme stocks have been popular with funds. For example, the shares of Zinc Industry (7.9,.59,9.8%, shares) which just took off their hats on May 24th this year <; /A> , "uncapped" directly closed at the daily limit after the opening on the same day, and also closed at the daily limit the next day. Its share price has risen by 28.4% in the four trading days since it took off its hat. Guangsheng Nonferrous (27.88,.5,1.83%, shares bar) < /A> Performance is equally strong. Although there was a short callback after "taking off the hat", the stock began to rise rapidly on May 21, and five positive lines have been pulled out continuously so far, and it closed at the daily limit yesterday. From the day it took off its hat, the stock price rose by 18.63% in seven trading days, which also far exceeded the performance of the Shanghai and Shenzhen stock markets in the same period. This situation is also expected to repeat itself in China Eastern Airlines. From a fundamental point of view, China Eastern Airlines has basically solved the problem of huge debts after receiving a large amount of capital injection; Since the integration of Shanghai Airlines has been basically completed, the company has merged the data of Shanghai Airlines since the first quarter of this year. Thanks to the overall recovery of the aviation industry, the company's main business income in the first quarter of this year increased by 74% year-on-year to 15.569 billion yuan, and its net profit surged by 18.2 times to 77 million yuan. Taking into account the company's exchange gains under the expectation of RMB appreciation in the future and various favorable factors of the huge passenger flow brought by the World Expo, China Eastern Airlines' performance this year is worth looking forward to. Judging from the trend of the secondary market, the share price of China Eastern Airlines has always remained above the annual line during the market crash. Yesterday, with the stabilization of the market, the short-term moving average began to tilt. If the market outlook can be effectively enlarged, it is not difficult for the stock price to return to above all moving averages.