HK Stock Market Move | AVICHINA (02357) rose nearly 8% in the morning, draft amendments to the Civil Aviation Law are under review, and the low-altitude economy is ready to take off.

AVICHINA (02357) rose nearly 8% in the morning session, rising 7.44% to 4.19 Hong Kong dollars by the time of publication, with a trading volume of 1.44 billion Hong Kong dollars. On the news front, on February 24, the "Draft Amendment to the Civil Aviation Law" was submitted for the first review by the 14th National People's Congress Standing Committee. The revision stipulates that the reasonable needs of low-altitude economic development should be guaranteed in the use of airspace, and the division of airspace should take into account the needs of low-altitude economic development. Northeast believes that the low-altitude economic industry is in a period of "resonance between policy and commercialization of new products", with industry potential waiting to be unleashed and deserving attention. Western previously pointed out that AVICHINA is the aviation equipment comprehensive listed platform under the Aviation Industry Corporation of China, holding controlling stakes in AVICOPTER PLC, Jiangxi Hongdu Aviation Industry, AVIC Airborne Systems, and Jonhon Optronic Technology, four A-share listed companies. The bank pointed out that the pace of equipment deployment is accelerating, with military upgrades imminent, and foreign trade business may become a growth point for the trainer aircraft industry; the injection of domestic large aircraft will bring additional volume, with several companies under its umbrella as core suppliers.