-+ 0.00%
-+ 0.00%
-+ 0.00%
Changes in Hong Kong stocks | Xirui (02507) rose more than 4% at the end of the session, AI technology enriches and boosts demand for private aviation, and the company is expected to benefit significantly
Share
Listen to the news

The Zhitong Finance App learned that XiRui (02507) rose more than 4% at the end of the session. As of press release, it rose 4.05% to HK$41.12, with a turnover of HK$51.5412 million.

According to the news, according to media reports, the wealth created by SpaceX and other AI companies' IPOs has fueled a new round of growth in private aviation demand. Historically, major wealth creation events have driven private aviation demand growth, such as stock market surges, IPOs, or mergers and acquisitions. JetNet data shows that during the internet bubble, business jet deliveries increased by 24%.

According to public information, Xirui is the private jet manufacturer with the largest delivery volume in the world. Huatai Securities believes that private aviation is in a boom period driven by the wealth effect. Private jets have wide penetration space driven by intelligence and safety, and industry demand is resilient; Xirui actively adjusted order strategies to shorten customer waiting cycles. In 2025, 728 new aircraft were ordered and 797 were delivered. The new order delivery ratio was 0.9, which is in a healthy range of 0.8-1.2 as agreed by management.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending