HK Stock Market Move | APT SATELLITE (01045) rose by over 8% as commercial aerospace heats up again. The company is a subsidiary of China Satellite Communications.

APT SATELLITE (01045) rose by more than 8% at one point and, as of the time of writing, rose by 6.07%, reaching 4.02 Hong Kong dollars, with a turnover of 281.51 million Hong Kong dollars. On the news front, the commercial aerospace sector is heating up again. At the press conference for the "China Aerospace Day 2026" held by the National Space Administration on April 17, the relevant person in charge of the National Space Administration announced important tasks for 2026. In 2026, China's aerospace missions will continue to be implemented intensively: Tianwen-2 will approach the target asteroid to conduct close-up exploration; the manned Changzheng Engineering Technology will carry out tasks such as the Shenzhou-23 manned spacecraft mission; various types of reusable rockets will carry out flight verification; and commercial aerospace will develop with high-level safety guarantees and high-quality development. Public information shows that APT SATELLITE is a subsidiary of China Satellite Communications Group Co., Ltd. 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 communications, and satellite TV broadcasting services to broadcast and telecom customers.