HK Stock Market Move | APT SATELLITE(01045) has risen by over 12% again. It has increased by nearly 40% in the past two weeks. The company is a subsidiary of China Satellite Communications.
Asia Pacific Satellite (01045) surged over 12% again, with a cumulative increase of nearly 40% in the past two weeks. As of the time of writing, it rose by 10.8% to 2.77 Hong Kong dollars with a transaction volume of 16.0824 million Hong Kong dollars.
APT SATELLITE (01045) rose by over 12%, with a cumulative increase of nearly 40% in the past two weeks. As of the time of writing, it rose by 10.8%, reaching HK$2.77, with a turnover of HK$16,082,400.
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, as well as the Asia-Pacific 6D and 6E satellites through joint ventures. APT SATELLITE's system covers regions where about 75% of the global population resides, providing high-quality satellite transponders, satellite communication, and satellite TV broadcasting services to broadcast and telecom customers.
China Post Securities stated that the commercial aerospace sector is experiencing development opportunities, and companies along the industry chain are worth paying attention to, including satellite manufacturing, ground equipment, and data processing. Technological advancements and policy support are driving continuous growth in the industry, and space computing power, as an emerging field, also has long-term development potential. With the acceleration of the commercialization of aerospace technology, related companies are expected to achieve breakthroughs in satellite internet, remote sensing applications, and other scenarios, with the industry ecosystem becoming increasingly mature, and the market size is expected to continue to expand.
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