On the morning of December 15, the aerospace and low-altitude economy sectors surged again, with China Aerospace Times Electronics Co.,Ltd. (600879) hitting the limit-up, Hongtu High Technology rising over 7%, China Satellite gaining over 5%, and Aerospace CH UAV climbing over 4%. The General Aviation ETF Huabao (159231), which provides one-click exposure to low-altitude economy, large aircraft, civil-military integration, and commercial aerospace, saw its on-market price rise 1.33%, aiming for consecutive gains.
According to aerospace industry alerts, the Long March 12A (CZ-12A) is scheduled for its maiden launch between 09:54 and 12:14 on December 17, 2025, at the Jiuquan Satellite Launch Center, with a simultaneous attempt at vertical recovery of its first-stage rocket. Developed by the Shanghai Academy of Spaceflight Technology (SAST) under China Aerospace Science and Technology Corporation (CASC), this next-generation reusable launch vehicle is the recoverable version of the Long March 12. The mission aims to achieve dual objectives: successful launch and recovery, validating the rocket's orbital capability and first-stage vertical landing technology. If successful, it will become the world's first liquid oxygen-methane rocket to achieve recovery on its maiden flight.
The General Aviation ETF Huabao (159231) and its feeder funds (Class A: 024766; Class C: 024767) track an index comprehensively covering 50 constituents in "new-quality military combat capabilities + new-quality civilian productivity," with over 46% exposure to central state-owned enterprises and more than 20% weighting in top defense conglomerates. The ETF spans hot sectors like low-altitude economy, large aircraft, military aircraft, commercial aerospace, satellite navigation, and UAVs, focusing on high-tech barriers and core commercialization segments (aircraft manufacturing). It serves as an efficient tool for capturing opportunities in China's aviation industry amid domestic demand and military export synergies.
Data source: Shanghai and Shenzhen Stock Exchanges Risk disclosure: The General Aviation ETF Huabao passively tracks the SZSE General Aviation Industry Index (base date: June 29, 2012; release date: December 28, 2012). Index constituents are adjusted per its compilation rules, and past performance does not indicate future results. Constituent mentions herein are for illustrative purposes only and do not constitute investment advice or reflect fund holdings. The fund's risk rating is R3 (moderate), suitable for balanced (C3) or higher risk-profile investors. All information provided is for reference only, and investors must bear responsibility for independent decisions. No liability is assumed for direct/indirect losses arising from using this content. Fund investments carry risks—past performance does not guarantee future returns, and other funds' performance by the same manager does not ensure this fund's results.
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