HK Stock Market Move | AVICHINA (02357) rose more than 7% in the morning trading session, and the concept aircraft of Zihuo Future made its debut at the Zhiluo Expo. The company's business spans the entire aviation industry chain.

AVICHINA (02357) rose more than 7% in early trading, as of the time of writing, it has risen by 5.67% to 4.29 Hong Kong dollars, with a turnover of 151 million Hong Kong dollars. On the news front, on October 16, the 7th China Tianjin International Helicopter Expo opened. The expo focuses on the entire helicopter industry chain and low-altitude industry development with the theme of "open innovation, integrated development, and nurturing new productive forces". AVICHINA and AVICOPTER PLC debut with the sci-fi IP "Purple Fire" future concept aircraft, and signed multiple cooperation agreements to continue empowering the high-quality development of the low-altitude industry. Public information shows that AVICHINA is the only flagship company for aviation high-tech military-civilian products and services in the Hong Kong capital market, holding stakes in AVICOPTER PLC, Jiangxi Hongdu Aviation Industry, AVIC Electronics, and Jonhon Optronic Technology, which are four A-share listed companies. Its main business covers helicopters, trainers, general aircraft, airborne systems and aviation components, aviation engineering services, etc. In addition, the company is actively exploring low-altitude economic application scenarios, accelerating the transformation and application of technology achievements in high-speed electric vertical take-off and landing aircraft.