---
title: "STOCKS | China’s Commercial Space Stocks Rise on Reported SpaceX IPO Allocation"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289534784.md"
description: "China’s A-share commercial space sector traded higher, with several related stocks posting sharp gains. According to Jin10, a report said the placement results for a SpaceX IPO had largely been finalized, with a little over 20% of the shares set to be allocated to retail investors. In the A-share market, Chuangyuan Xinke rose more than 19%. Longhua Technology and Lens Technology each gained more than 10%. AVIC Xi’an Aircraft and Taiyong Changzheng hit their daily limit. Aerospace Development, Soochow Chuangke, and Tianao Electronics also advanced."
datetime: "2026-06-12T01:44:56.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289534784.md)
  - [en](https://longbridge.com/en/news/289534784.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289534784.md)
generator: "portal-rs"
---

# STOCKS | China’s Commercial Space Stocks Rise on Reported SpaceX IPO Allocation

China’s A-share commercial space sector traded higher, with several related stocks posting sharp gains. According to Jin10, a report said the placement results for a SpaceX IPO had largely been finalized, with a little over 20% of the shares set to be allocated to retail investors. In the A-share market, Chuangyuan Xinke rose more than 19%. Longhua Technology and Lens Technology each gained more than 10%. AVIC Xi’an Aircraft and Taiyong Changzheng hit their daily limit. Aerospace Development, Soochow Chuangke, and Tianao Electronics also advanced.

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## Related News & Research

- [Amidst a Big Addressable Market, SpaceX Has Ample Scope for Sustained Growth](https://longbridge.com/en/news/297062883.md)
- [‘You Must Be Joking,’ Says Investor About SpaceX Stock](https://longbridge.com/en/news/297203441.md)
- [Morgan Stanley sees a 'unique opportunity' in SpaceX stock after its plunge from post-IPO heights](https://longbridge.com/en/news/297211121.md)
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- [How many times the return can early investors in SpaceX get?](https://longbridge.com/en/news/297332411.md)

---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**