HK Stock Market Move | CIRRUS (02507) rises more than 15% to recover the issue price; the company is included in the Hang Seng Composite Index constituents.

CIRRUS (02507) rose more than 15%, reaching a high of 28.5 Hong Kong dollars to recover the issue price. As of the time of writing, it rose 15.46%, closing at 28 Hong Kong dollars, with a trading volume of 2.58 million Hong Kong dollars. On the news front, on February 21st, Hang Seng Index Company announced the latest quarterly review results, in which CIRRUS was included in the Hang Seng Composite Index constituents, with the adjustment set to take effect from March 10, 2025. According to a research report from CITIC SEC, CIRRUS may be included in the Hong Kong Stock Connect, as it meets a series of criteria including market value, liquidity, and listing time. In addition, according to the "General Aviation Aircraft Shipment Report" released by GAMA, global aircraft shipments in 2024 stabilized and increased to 3,162 aircraft. Among them, CIRRUS's aircraft deliveries increased by 3.25% year-on-year to 731 aircraft, with a delivery total value increasing by 10.23% to 1.03 billion US dollars.