HK Stock Market Move | APT Satellite (01045) gained nearly 8% again. The company is a subsidiary of China Satellite Communications and currently operates multiple satellites including Asia-Pacific 5C.

APT SATELLITE (01045) rose nearly 8%, with a cumulative increase of close to 30% in the past five trading days. As of the time of writing, it rose 6.25% to 2.55 Hong Kong dollars, with a trading volume of 1374.03 million Hong Kong dollars. Public information shows that APT SATELLITE is a subsidiary of China Satellite Communications Group Limited. APT SATELLITE Group currently operates the Asia-Pacific 5C, 6C, 7 and 9 satellites, and operates the Asia-Pacific 6D and 6E satellites through joint ventures. The APT SATELLITE system covers regions with approximately 75% of the world's population in Asia, Europe, Africa, and Oceania, providing high-quality satellite transponders, satellite communication, and satellite TV broadcasting services to broadcast and telecom customers. Huaxing Securities released a research report stating that in the government work report of 2025, commercial aerospace was for the first time directed towards "safe and healthy development," emphasizing technological breakthroughs and large-scale applications, marking the formal entry of commercial aerospace into a new phase of large-scale application. The construction of China's low-orbit satellite internet is also accelerating, with the expectation of explosive growth in domestic low-orbit communication satellite launches by 2026 as technology matures and the market expands continuously. With China accelerating the occupation of the valuable non-renewable resource of space orbit, and promoting projects such as the "National Grid Constellation" and the "Thousand Sails Constellation," it is expected that the low-orbit satellite market will exceed one trillion yuan by 2030 or even reach 1500-2000 billion yuan.