HK Stock Market Move | Goldwind Science & Technology (02208) opened more than 4% higher, and Blue Arrow Aerospace's application for an IPO on the Science and Technology Innovation Board has been accepted. The company holds a portion of its equity.
Kingsoft Corporation Limited (02208) opened more than 4% higher, as of the time of writing, up 4.4% to HK$14, with a turnover of HK$1.3412 million.
Goldwind Science & Technology (02208) opened more than 4%, and as of the time of writing, it has risen 4.4% to HKD 14, with a turnover of HKD 1.3412 million.
On the news front, on December 31st, the Shanghai Stock Exchange official website information showed that the IPO application of LandSpace Technology Co., Ltd. on the Science and Technology Innovation Board was accepted, officially aiming to become the "first commercial rocket stock" on the Science and Technology Innovation Board. According to the prospectus, LandSpace Technology is currently in a loss-making state and plans to list on the Science and Technology Innovation Board fifth standard. This means that the fifth listing standard for the Science and Technology Innovation Board has officially expanded to the commercial aerospace field.
According to the 2023 annual report of Goldwind Science & Technology, the company holds 8.3% equity of LandSpace Technology Co., Ltd. Public information shows that LandSpace Technology was established in 2015 and is one of the first batch of private commercial rocket companies in China. In 2023, its Zhuque 2 Y-2 rocket successfully entered orbit, becoming the world's first liquid methane rocket to achieve orbit. From October 18th to 20th, 2025, the Zhuque 3 Y-1 rocket completed the first phase of the maiden flight mission and static ignition test in the Dongfeng commercial aerospace innovation test area.
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