Goldwind Shares Surge Nearly 3% at Open as Blue Arrow Aerospace Announces Second-Quarter Recovery Test for Zhuque-3

Stock News02-25 09:30

Goldwind (02208) opened nearly 3% higher, rising 2.97% to HK$14.89 by the time of writing, with a turnover of HK$4.7742 million. According to reports, during the 63rd session of the Scientific and Technical Subcommittee of the United Nations Committee on the Peaceful Uses of Outer Space, Chinese commercial aerospace firm Blue Arrow Aerospace announced that the reusable rocket Zhuque-3 is scheduled to conduct another recovery test in the second quarter of this year. Depending on the outcome, the company aims to attempt its first recovery and reuse flight in the fourth quarter. Notably, on the evening of January 22, the Shanghai Stock Exchange updated the review status of Blue Arrow Aerospace's IPO on the STAR Market to "under inquiry." The company plans to raise RMB 7.5 billion in the offering, with market estimates valuing it at around RMB 75 billion. Goldwind holds an approximate 4.14% stake in Blue Arrow Aerospace through one of its platforms.

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