HK Stock Market Move | Goldwind Science & Technology (02208) rose more than 7% in the afternoon, while SpaceX is advancing its IPO plan, likely to provide an important valuation anchor for the industry.

Goldwind Science & Technology (02208) rose more than 7% in the afternoon, as of the time of writing, it was up 5.49% at HKD 15.37, with a trading volume of HKD 731 million. On the news front, the 2026 Shanghai Commercial Aerospace Conference and Exhibition will be held at the Shanghai New International Expo Center from March 12 to 14. In addition, SpaceX is advancing its IPO plan, as a core company in the global commercial aerospace and satellite internet field, SpaceX is expected to provide a significant valuation anchor for the industry. It is reported that Blue Arrow Aerospace previously submitted a prospectus to the Sci-Tech Innovation Board, the prospectus shows that Jianghuan Asset, a subsidiary of Goldwind Science & Technology, holds a 4.14% stake in Blue Arrow Aerospace, making it the sixth largest shareholder of the company. Daiwa previously mentioned that the potential investment returns of Goldwind will support its short-term profit performance, coupled with SpaceX's proposed IPO, may drive significant revaluation.