Commercial space stocks jumped in Hong Kong. APT Satellite rose 18%; Goldwind Science rose 9%; China Strategic Technology rose 7%; China Aerospace International rose 4%.
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HK Movers | Commercial Space Stocks Jump With APT Satellite up 18%
Tiger Newspress01-09
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- Cedric77·01-19 16:20My take and read on China Aerospace. (I hold Aerospace @0.65) Pros (Bullish Factors) 1. Strategic Government Affiliation CASIL’s parentage links it to China Aerospace Science and Technology Corporation — a state-owned entity with deep involvement in national aerospace and defense programs. This relationship offers preferential access to large government contracts and strategic projects that other commercial players may find hard to secure. 2. Revenue Growth in Core Business Despite headwinds in property leasing, the company’s technology industrial segment (e.g., injection-molding, PCB, semiconductors) has delivered double-digit revenue growth recently. 3. Diversified Business Mix CASIL’s operations span multiple industrial sectors, reducing dependence on any single revenue source. In1Report