HK Stock Market Move | CIRRUS (02507) rose by more than 3%. The year-on-year delivery volume in the first half of the year increased by 31%. Institutions pointed out that the uncertainty in the general aviation supply chain is gradually easing.

CIRRUS (02507) rose more than 3%, up 3.58% to HK$59.25 as of the time of writing, with a turnover of HK$57.491 million. HAITONG INT'L released a research report stating that the competition in the global general aviation market in the first half of 2025 is showing a significant trend towards concentration, with a clear "one superpower and one leading player" feature. CIRRUS continues to lead the industry with 350 deliveries, a year-on-year growth rate of 31.0%, and a market share of 24.4%. Despite a temporary fluctuation in delivery cycles in the second quarter due to the introduction of new models, CIRRUS's delivery of 200 aircraft and a month-on-month growth of 33.3% demonstrates its strong market adaptability. The bank believes that this trend is due to the comprehensive advantages of leading companies in research and development investment, global service systems, supply chain dominance, and brand trust, enabling them to achieve excess growth beyond the industry average. The bank further pointed out that in the first half of 2025, the global general aviation aircraft market is showing a steady development trend, with a total delivery of 1432 aircraft, a year-on-year growth of 4.3%; the market size exceeded US$12.25 billion, a year-on-year growth of 9.9%, significantly higher than the delivery growth rate, highlighting a positive trend in market value enhancement. Looking ahead to the second half of the year, uncertainties in the general aviation supply chain are gradually easing, manufacturers' production capacity is recovering well; market demand remains strong, especially with accelerated deliveries of backlogged orders; traditional peak season effects are beginning to show, and market activity is expected to further increase in the future.