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The appearance of the J-35A boosts investment sentiment in the defense sector. Avichina (02357) rose by 4.33%.
King's Financial News | Avichina (02357) shows strong momentum, as of the deadline, reported at 4.34 Hong Kong dollars, up 4.33%, with a turnover of 80.346 million Hong Kong dollars. In addition, CSSC Offshore & Marine Engineering (00317) rose 3.07%, Con Aero Tech (00232) rose 2.94%, China Aerospace (00031) rose 1.15%. On the news front, on November 5th, the air force in Beijing organized a press conference to introduce information related to celebrating the 75th anniversary of the air force's establishment and participating in the 15th China International Aviation and Aerospace Exhibition. Colonel Niu Wenbo from the Air Force Equipment Department introduced: During the 15th China International Aviation and Aerospace Exhibition, medium-sized stealth multi-purpose
Hong Kong stocks surged, defense stocks leading the gains. Several companies disclosed order contract announcements, subsequent orders may initiate a new round of inventory cycle.
Defense stocks lead the gains, as of the deadline, china aerospace (00031) increased by 94.12%, closing at 0.65 Hong Kong dollars; con aero tech (00232) increased by 26.06%, closing at 0.179 Hong Kong dollars; avichina (02357) increased by 18.18%, closing at 5.07 Hong Kong dollars; cssc offshore & marine engineering (00317) increased by 7.43%, closing at 15.04 Hong Kong dollars.
CON AERO TECH: INTERIM REPORT 2024
CON AERO TECH: ANNOUNCEMENT OF INTERIM RESULTSFOR THE SIX MONTHS ENDED 30 JUNE 2024
Hong Kong stocks surged | Mainland Aviation Technology Holding (00232) fell by more than 18% at one point, and it is expected that the after-tax profit in the first half of the year will decrease to no less than 6 million Hong Kong dollars.
con aero tech (00232) fell more than 18% at one point, as of press time, down 11.57%, at HKD 0.107, with a turnover of HKD 2.2376 million.
Continental Aerospace Technologies Holding Expects Lower Profit in H1
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