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A-shares in the defense sector are gaining strength: Jiangxi Hongdu Aviation Industry and several other stocks hit their limit-up, while Shanghai Sinotec rose over 7%.
On January 9, Gelonghui reported that the A-share market saw a strong performance in Defense stocks, including Feilong Auto Components, Changchun Yidong Clutch, Baoding Technology, Jiangxi Hongdu Aviation Industry, Shenzhen King Explorer Science And Technology Corporation, Nantong Jianghai Capacitor, and Innuovo Technology all hitting their upper limit. Beijing Teamsun Technology rose over 8%, Guoguang Electric, Shengnan Technology, Chengdu Haoneng Technology, Shanghai Sinotec, and Shengquan Group each rose over 7%, while Maixinlin, Dianguang Explosion-proof Technology, and Chengdu M&S Electronics Technology increased by over 6%.
Express News | Defense stocks fluctuated and strengthened, with Jiangxi Hongdu Aviation Industry hitting the daily limit in the afternoon.
Express News | The 15th China International Aviation Exhibition opened today, with high attention from institutions on aviation and aerospace concept stocks.
Defense stocks in A-shares fluctuate downward, AVIC Shenyang Aircraft falls more than 7%.
Gelonghui November 7th | AVIC Shenyang Aircraft fell more than 7%, Jiangxi Hongdu Aviation Industry, AVIC drone, Jiangxi Xinyu Guoke Technology, Kuang-chi Technologies, AECC Aviation Power and others followed the decline.
Jiangxi Hongdu Aviation Industry Q3 Profit Surges 439%, Revenue Soars 750%
Jiangxi Hongdu Aviation Industry (600316): Performance rebounds significantly, diversifying development with trainer aircraft, missiles, and drones.
Event: The company released the third quarter report for 2024: The company achieved revenue of 3.029 billion yuan in 2024 Q1-Q3, a year-on-year growth of 58.47%; achieved a net income attributable to the parent company of 0.014 billion yuan, a year-on-year growth of 59.91%.