HK Stock Market Move | Military stocks rose today. Military industry groups are participating in overseas international defense exhibitions. Institutions are bullish that military trade orders will open up growth space.

Military stocks rose today. As of press time, AVICHINA (02357) gained 4.28% to HK$3.165; Cssc Offshore & Marine Engineering (00317) rose 4.00% to HK$14.04. On the news front, military industry groups have been intensively participating in overseas international defense exhibitions. On September 30, the 6th Azerbaijan International Defense Exhibition officially opened at the Baku Expo Center. On October 7, the 8th Marrakech Air Show opened at the Royal Air Force Base in Marrakech, Morocco. At the 2nd Egypt Airshow held in September, the Chinese Air Force's KJ-500, J-16, YY-20A, and Z-20K formed a complete aerial combat system, making their first public appearance at a foreign airshow. In addition, the 16th China Airshow will be held in Zhuhai in December this year. Guosheng believes that with the implementation of the "15th Five-Year Plan" in the future, domestic military product orders are expected to improve, and military trade orders are also expected to open up growth space for enterprises. We believe that the military industry is currently in a stage of gradual development from the previous "strong expectations, weak reality" to "strong expectations, strong reality."