Aerospace and aviation stocks continued their strong performance during the early trading session on March 6. Southern Power Grid Technology surged over 15%, while Chongqing Zonsen Power Machinery Co.,Ltd. hit the daily limit up. Both Coredin and AECC Aviation Power rose more than 8%. The General Aviation ETF Huabao (159231), which provides exposure to commercial aerospace, satellite navigation, the low-altitude economy, and large aircraft, saw volatile but upward movement after opening, with its price currently up 2.43%. The fund recorded a net subscription of 3 million units during the session.
On the policy front, the 2026 Government Work Report emphasized the cultivation and expansion of emerging and future industries. It outlined plans to implement industrial innovation projects, encourage state-owned enterprises to lead in opening application scenarios, and establish emerging pillar industries such as integrated circuits, aerospace, biopharmaceuticals, and the low-altitude economy. This marks the first time aerospace has been explicitly listed as an "emerging pillar industry" in the Government Work Report. Industry insiders view this as a strategic elevation from "commercial aerospace" to a broader "major aerospace" framework.
Internationally, on March 5, the U.S. Senate Committee on Commerce, Science, and Transportation passed the NASA Authorization Act of 2026 via a brief meeting. The legislation sets the direction for NASA's space strategy over the next two years, focusing on adjustments to the Artemis lunar program, extending the International Space Station's operations, and strengthening commercial space activities and supply chain security.
From an industry perspective, nurturing commercial aerospace is seen as a strategic imperative in major power competition. According to statistics from DataYes, China conducted a total of 8 space launch missions in January this year. The Long March 12B carrier rocket successfully completed a static firing test, while the Lihong-1 Yao-1 vehicle finished a suborbital flight. China has also applied to the International Telecommunication Union (ITU) for frequency and orbital resources for over 200,000 satellites. Reports indicate that China aims to exceed 100 space launches in 2026, with more than 60 of those being commercial missions.
The General Aviation ETF Huabao (159231) and its feeder funds (Class A: 024766; Class C: 024767) track an index that comprehensively covers 50 aerospace constituents, spanning hot sectors like the low-altitude economy, commercial aerospace, satellite navigation, large aircraft, unmanned aerial vehicles, and military aircraft. The fund has over 88% exposure to the low-altitude economy concept, more than 65% to commercial aerospace, and over 47% to satellite navigation, making it an efficient tool for gaining exposure to China's aerospace industrial chain. (Data as of March 2, 2026)
Source: Shanghai and Shenzhen Stock Exchanges.
A golden crossover has formed in the MACD indicator, signaling positive momentum for several stocks.
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