The Zhitong Finance App learned that military stocks were higher today. As of press release, China Aviation Technology (02357) rose 4.28% to HK$3.165; China Shipbuilding Defense (00317) rose 4.00% to HK$14.04.

According to the news, military industry groups are intensively participating in overseas international defense exhibitions. On September 30, the 6th Azerbaijan International Defense Exhibition officially opened at the Baku Convention and Exhibition Center. On October 7, the 8th Marrakech Air Show opened at the Royal Air Force Base in Marrakech, Morocco. At the 2nd Egyptian Air Show held in September, the Chinese Air Force Air Police-500, J-16, Oil-20A, and Direct-20K formed a complete air combat system, which was publicly displayed for the first time at a foreign air show. Furthermore, the 16th China Air Show will be held in Zhuhai in December this year.

Guosheng Securities believes that in the future, with the implementation of the “15th Five-Year Plan”, domestic military orders are expected to improve, and military trade orders are also expected to open up room for enterprise growth. We believe that the military industry is currently in a stage of gradual development from “strong expectations and weak reality” to “strong expectations and strong reality.”

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.