HK Stock Market Move | Military stocks rose rapidly in the afternoon, opening up the profit ceiling of the military trade industry. The civilian direction opens up a vast market space.

Military industry stocks rose rapidly in the afternoon. As of press time, CHINA AEROSPACE (00031) rose 8.33% to HK$0.65; Cssc Offshore & Marine Engineering (00317) rose 6.56% to HK$13.32; AVICHINA (02357) rose 5.52% to HK$3.06. On the news front, on July 10th, the Long March 5B carrier rocket was successfully launched at the Hainan Commercial Space Launch Center, successfully sending the satellite into its intended orbit. The rocket's first stage was successfully recovered, and the mission was a complete success. In addition, tensions between the US and Iran have escalated again. Analysts point out that the US-Iran conflict is not only a regional war risk but also a potential amplifier for global arms expansion, energy transition, and order restructuring. CMSC pointed out that global military spending is entering a new growth phase, and with the advancement of procurement cycles, the military trade market is expected to grow rapidly. Chinese weapons and equipment have been tested in actual combat in the India-Pakistan air battle, leading to a significant increase in international attention. The Yun-20BE transport aircraft, J-35 fighter, L15 trainer aircraft, and Z-10ME armed helicopter have frequently appeared at overseas air shows, and China's military trade is expected to achieve rapid growth. In addition, new application scenarios and broader market space have been brought about by the current commercial space industry, dual-use technology, and low-altitude economy.