Trillion-Dollar "Deep Space Economy" Emerges! China Spacesat Co.,Ltd. Hits Daily Limit Up, General Aviation ETF (159231) Surges Over 2%

Deep News09-08

On the afternoon of September 8th, the low-altitude economy and military aviation sectors continued their strong performance. China Spacesat Co.,Ltd. touched the daily limit up during trading, Huali Chuangong rose over 9%, Aerospace Hongtu gained over 7%, while Sinosat and United Optoelectronics both climbed over 6%. The General Aviation ETF Huabao (159231), which provides one-click access to low-altitude economy, large aircraft, military-civilian integration, and commercial space sectors, surged in the afternoon session, currently up 2.04%. The ETF broke above its 5-day moving average during trading and shows potential to extend its consecutive daily gains in a V-shaped reversal pattern.

On the news front, the inaugural Deep Space Economy and Industry Development Conference was recently held in Hefei, Anhui Province. This conference holds significant importance as it introduced the conceptual framework of "deep space economy" for the first time, systematically outlined ten key industrial directions for the deep space economy, and projected that the global deep space economy will reach a trillion-dollar scale by 2040.

Wings of a great nation, soaring ambitions! The General Aviation ETF Huabao (159231) and its feeder funds (Class A: 024766; Class C: 024767) track an index that comprehensively covers 50 constituent stocks representing "new military combat capabilities + new civilian productive forces." The index includes over 46% central state-owned enterprises and more than 20% representation from the top ten military industry groups. It encompasses hot sectors including low-altitude economy, large aircraft, military aircraft, commercial space, satellite navigation, and drones, with a focus on key areas with high technological barriers and core commercialization segments (aircraft manufacturing). This makes it an ideal tool for one-click allocation to China's aviation industry chain amid the resonance of domestic demand and military trade.

Data Source: Shanghai and Shenzhen Stock Exchanges

Risk Warning: The General Aviation ETF Huabao passively tracks the CSI General Aviation Industry Index. The index has a base date of June 29, 2012, and was launched on December 28, 2012. The composition of index constituents is adjusted according to the index compilation rules as appropriate, and historical backtesting performance does not predict future index performance. The index constituent stocks mentioned in this article are for display purposes only. Individual stock descriptions do not constitute investment advice in any form, nor do they represent holding information or trading activities of any fund under the management company. The fund management company evaluates this fund's risk level as R3-medium risk, suitable for balanced (C3) and above investors. Please refer to the sales institution for appropriateness matching opinions. Any information appearing in this article (including but not limited to individual stocks, comments, predictions, charts, indicators, theories, any form of expression, etc.) is for reference only. Investors must be responsible for any independent investment decisions. In addition, any views, analyses, and predictions in this article do not constitute investment advice in any form to readers, nor do they bear any responsibility for direct or indirect losses caused by the use of this article's content. Fund investment involves risks. Past performance of funds does not represent future performance. The performance of other funds managed by the fund management company does not guarantee fund performance. Fund investment should be conducted with caution.

MACD golden cross signal formed, these stocks show good upward momentum!

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment