HK Stock Market Move | Concept stocks of commercial aerospace companies rose across the board today. SpaceX is expected to complete its IPO next month, with a potential market value reaching as high as $2 trillion.

Concept stocks in the commercial aerospace sector rose across the board today, as of the time of publication, Lens Technology (06613) rose 6.54% to 21.5 Hong Kong dollars; Hainan Drinda New Energy Technology (02865) rose 4.15% to 40.12 Hong Kong dollars; APT SATELLITE (01045) rose 2.81% to 3.29 Hong Kong dollars; Goldwind Science & Technology (02208) rose 1.89% to 14.58 Hong Kong dollars. In terms of news, it is reported that SpaceX plans to complete its IPO on June 12, with a target fundraising scale of 80 billion USD and an initial estimated valuation of around 2 trillion USD. There is market expectation that this IPO will significantly impact the valuation of the domestic commercial aerospace industry, and the breakthrough of SpaceX's Starlink business users and strategic directions like AI satellite constellation further strengthen the industry logic of satellite internet and space economy. Huaxi mentioned that China's rocket and satellite industry chain is complete, the path for commercial aerospace collaboration is clear, and with mature rocket recycling technology and optimized rocket launch costs, the industry is expected to enter a rapid growth phase under the exploration of constellation network demands and terminal consumer paths. Companies up and down the industry chain are expected to benefit as a whole; the recent SpaceX listing catalyzes the continuous benefits of the commercial aerospace sector.