HK Stock Market Move | CIRRUS (02507) rose over 12%, included in the Hang Seng Composite Index constituent stocks, with aircraft delivery volume and prices both rising last year.
Sinopec Engineering Group (02507) rose more than 12%, as of the time of writing, it has increased by 12.53% to HK$24.7, with a turnover of HK$991,200.
CIRRUS (02507) surged more than 12%, up 12.53% as of press time, at 24.7 Hong Kong dollars, with a turnover of 991,200 Hong Kong dollars.
On the news front, on February 21, Hang Seng Index Company announced the latest quarterly review results, with CIRRUS included in the Hang Seng Composite Index constituents, the adjustment will take effect from March 10, 2025. According to a CITIC SEC research report, CIRRUS may be included in the Hong Kong Stock Connect, as it meets a series of criteria including market capitalization, liquidity, and listing time, among others.
Furthermore, according to the "General Aviation Aircraft Shipment Report" released by GAMA, global aircraft shipments in 2024 remained steady at 3,162 units. Among them, CIRRUS' aircraft delivery volume increased by 3.25% year-on-year to 731 units, with a total delivery value growing by 10.23% to 1.03 billion US dollars.
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