HK Stock Market Move | Commercial aerospace concept stocks opened high, and Zhuque-3 achieved land recovery of the rocket. Commercial aerospace is expected to enter a phase of accelerated industrialization.

The concept of commercial spaceflight is generally optimistic. As of the time of this report, Hainan Drinda New Energy Technology (02865) is up 9.83%, trading at HKD 21; APT SATELLITE (01045) is up 7.57%, trading at HKD 2.345; Goldwind Science & Technology (02208) is up 6.68%, trading at HKD 11.66; and C STRATEGIC TEC (01725) is up 4.55%, trading at HKD 0.345. In news, on August 19, the Zhuque-3 Remote 2 carrier rocket successfully launched from the Dongfeng Commercial Space Innovation Testing Zone. The first stage of the rocket successfully landed at the Zhuque-3 landing site in Minqin County, Gansu Province, as scheduled. It is worth mentioning that this mission marks China's first successful implementation of landing leg technology for the controlled recovery of a reusable rocket's first stage on land, following the successful recovery of the first stage of the Long March 10 B carrier rocket at sea on July 10. This signifies a significant breakthrough in China's reusable rocket technology. According to a previous research report from Zhongtai, if the Zhuque-3 can achieve stable recovery and reuse, it will drive the transition of China's commercial rockets towards high-frequency operations, becoming an important foundation for supporting the construction of China's satellite internet and space infrastructure development. With continuous breakthroughs in reusable rocket technology, the demand for satellite internet networking is expected to be released, and commercial spaceflight is likely to enter a period of accelerated industrialization.