China Aviation Technology (02357) rose more than 4%. As of press release, it rose 3.67% to HK$3.39, with a turnover of HK$29.723,600.
The Zhitong Finance App learned that China Aviation Technology (02357) rose by more than 4%. As of press release, it had risen 3.67% to HK$3.39, with a turnover of HK$29.723,600.
According to Ping An Securities Hong Kong, China Aviation Technology is the only aviation high-tech military and civilian general product and service flagship company in the Hong Kong capital market. It holds four A-share listed companies, China Airlines, Hongdu Airlines, China Aviation Electronics, and China Aviation Optoelectronics. Its main business covers helicopters, trainers, general aircraft, airborne systems and aviation components, and aeronautical engineering services.
The bank pointed out that the company's holding subsidiary Zhongzhi Co., Ltd. is the main force with the largest scale, highest output value, and most complete product range in the domestic helicopter manufacturing industry. The company's helicopter products are more compatible with the civilian market. At the same time, the company is entering the H-eVTOL field. Long-term civilian product space may be better than comparable companies in the industry, and it is expected to accelerate development in the next few years.