ChinaAMC CNI Aerospace ETF

In recent days, the country's first offshore liquid rocket launch and recovery test platform is under rapid construction. Around the Spring Festival, a mainstream commercial liquid rocket will conduct launch and recovery tests here, marking the first offshore launch and recovery test of a liquid rocket in the country. (CCTV News)

Wallstreetcn

The country's first offshore liquid rocket launch and recovery test platform will be put into use

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In the wave of commercial aerospace capital, industry insiders are calling for a rational examination of the current state and future of the industry. China's commercial aerospace is still in its early stages, with low-cost, reusable, high-capacity launch vehicle technology yet to be fully validated, and the production capacity of commercial satellites urgently needing improvement. It is expected that by 2026, China will achieve breakthroughs in key technologies, accelerating the commercialization process, especially in the launch and recovery of high-capacity reusable launch vehicles

Huaan CNI Aerospace ETF

Guotai CSI Military Industry ETF

Huatai-PB CSI All Share Aviation & Aerospace ETF

Tianhong CNI Aerospace ETF

Cold Thoughts Amidst the Capital Frenzy of Commercial Aerospace: The Trillion-Yuan Track Needs a Dual Breakthrough in Technology and Commercialization

Ares Strategic Mining Inc. has secured a Pentagon contract worth up to $250 million to supply fluorspar, addressing critical mineral shortages in the U.S. The company is the sole domestic supplier and is advancing its production capabilities at the Lost Sheep mine in Utah. The contract highlights the shift towards securing domestic supply chains for critical minerals amid a projected copper deficit and broader supply chain challenges. Other companies like MAX Power Mining are also making significant discoveries in the hydrogen sector, indicating a trend towards resource consolidation in critical materials.

Baystreet

ISHRS Aero & Def

Invesco Aero & Defense ETF

SPDR S&P Aerospace & Def

The Supply Cliff: Why The Critical Materials Shortage Is Bigger Than Just Copper

China Aerospace experienced two launch failures on the same day, namely the Long March 3B rocket and the Tianwen-2. Experts pointed out that these two failures are minor setbacks in space exploration, and the two types of rockets are unrelated in terms of technology and background; the failures are coincidental. This event reminds people that there are no absolute victories in space exploration, and the road to success is not always smooth

National Affairs Express: Rationally view China's space exploration, facing setbacks twice in one day: There are no absolute victors on the journey of space exploration

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- On January 20, A-shares experienced a decline, with major indices dropping, particularly the ChiNext Index which fell over 1%.  
- Hong Kong stocks also faced a downturn, while some sectors like new consumer and Bubble Mart surged by 10% after announcing a buyback.  
- In the bond market, government bond futures rebounded, with the 30-year main contract rising by 0.23%, while most domestic commodity futures saw declines, though lithium carbonate managed an increase of over 4%.

POP MART

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

ChinaAMC Hang Seng Technology ETF(QDII)

E Fund GEM ETF

CSOP HS TECH

Hang Seng TECH ETF I

China Southern Hang Seng TECH ETF(QDII)

ChiNext

Tianhong Hang Seng TECH ETF(QDII)

Dacheng Hang Seng Technology ETF(QDII)

The ChiNext fell over 1%, with commercial aerospace and computing hardware collectively adjusting, real estate rising, the Hang Seng Tech Index down 1%, POP MART rising 10% against the trend, and government bonds rebounding

Beijing has launched the Rocket Street project, China's first commercial aerospace research and production hub, located in the Beijing Economic-Technological Development Area. Spanning 145,000 square meters, it features a technology platform, R&D center, manufacturing center, and operation control center. The hub aims to enhance operational efficiency for commercial aerospace companies by providing shared services, including testing and manufacturing resources, reducing costs and improving productivity. The project is expected to foster a CNY50 billion industry cluster by 2028, housing over 1,000 firms and generating significant revenue.

Yicai

Beijing Puts China's First Commercial Aerospace Research and Production Hub Into Operation

The Shenzhou-20 spacecraft's return capsule successfully landed at the Dongfeng landing site on January 19, using an unmanned mode for the first time for search operations. The search team, composed of drones, unmanned vehicles, and ground teams, quickly arrived at the scene and completed the mission. This mission reduced the use of helicopters and increased the participation of drones and unmanned vehicles, providing valuable experience for future missions. To ensure the smooth flight of the drones, multiple rounds of training were conducted, and an optical measurement and control network was set up in the landing area to achieve precise target capture and tracking

China successfully searched for the Shenzhou spacecraft return capsule using an unmanned mode for the first time

DXYZ

Global investment in space technology is expected to rise in 2026, driven by government spending on defense-linked satellite systems and private sector investments. The U.S. led with $7.3 billion in funding, primarily from defense programs. A potential SpaceX IPO could further boost investment in the sector, which saw record levels in 2025, with private investment growing 48% to $12.4 billion. The U.S. accounted for about 60% of global funding, while Europe experienced modest growth and Asia, particularly China, maintained high investment levels.

Reuters

Destiny Tech100

Space sector eyes further investment growth in 2026 after record year

The National Bureau of Statistics released data showing that the added value of large-scale high-tech manufacturing industries is expected to grow by 9.4% year-on-year in 2025, the highest in three years, with a contribution rate of 26.1%. Industries such as integrated circuits and aircraft manufacturing have seen significant growth, with artificial intelligence driving a substantial increase in the output of related products. The digital product manufacturing and equipment manufacturing industries also achieved growth, increasing by 9.3% and 9.2%, respectively. Overall, the automotive and electronics sectors within the equipment manufacturing industry performed exceptionally well, with growth rates of 11.5% and 10.6%, respectively

AASTOCKS

National Bureau of Statistics: Last year, the added value of the high-tech manufacturing industry above designated size increased by 9.4% year-on-year, reaching the highest level in three years

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China has applied to the International Telecommunication Union for 203,000 satellite frequency resources, marking a strategic reserve that transitions from experimentation to industry. This move is a reasonable action to defend China's right to develop in space, while also reflecting the opportunities and challenges faced by China's commercial aerospace sector

ADDSINO

The Economic Daily interprets why our country applied for 200,000 satellites all at once

After on-site inspection, it was confirmed that the overall appearance of the Shenzhou-20 spacecraft's return capsule is normal, the status of the items inside is good, and the return mission of the Shenzhou-20 spacecraft has been a complete success. (Xinhua News Agency)

The God 20 mission has been successfully completed

NFLX

INTC

The Federal Reserve's favorite inflation indicator, PCE, is released, and Morgan Stanley warns that the data will rebound significantly; China's GDP, retail sales, and other key data for the fourth quarter and the whole year are published. In terms of events, the Bank of Japan holds a monetary policy meeting, and the Prime Minister may announce the dissolution of the House of Representatives; the Davos Forum is held, with Jensen Huang, Donald Trump, and others in attendance; the independence of the Federal Reserve will face a major test as the Supreme Court hears the case of Fed Governor Cook. In terms of earnings reports, Intel and Netflix, among others, will release their performance. Additionally, close attention should be paid to the evolving geopolitical situation in the Middle East and Latin America

- The article outlines significant financial events and macroeconomic data expected from January 19 to January 25, 2026, including U.S. core PCE index results and their implications for inflation and Federal Reserve policy.  
- Key global political dynamics, such as the World Economic Forum and potential early elections in Japan, are also highlighted as influencing market sentiment.  
- The article points to the release of major economic indicators from China, alongside corporate earnings from companies like Intel and Netflix, which may affect their respective markets.

Netflix

Intel

Next week's heavy schedule: China's GDP, "the Federal Reserve's favorite inflation indicator," Bank of Japan's decision, Winter Davos

China's Yaogan-47 satellite, launched on December 9, may feature a two-metre optical aperture, potentially rivaling the Hubble Space Telescope's capabilities. It is designed for various applications, including land surveys and environmental management, utilizing advanced hyperspectral imaging technology. Developed by the Xian Institute of Optics and Precision Mechanics, the satellite represents a significant achievement in China's satellite development. The hyperspectral camera can observe hundreds of spectral bands, enhancing monitoring of environmental conditions and agricultural assessments. The project highlights China's advancements in satellite technology during its 14th five-year plan.

南华早报

Could China’s Yaogan-47 satellite have a lens as wide as the Hubble Telescope?

NATO is facing challenges regarding Arctic security due to President Trump's push for U.S. ownership of Greenland. This ambition has led to concerns that a U.S. takeover could weaken the alliance, as it would represent an unprecedented seizure of territory from a NATO ally. European leaders emphasize that Greenland is not for sale and is already protected under NATO's collective security. Discussions are ongoing about enhancing Arctic surveillance and patrols, but the situation remains tense, with many fearing it could destabilize NATO's credibility and European security.

- The NATO alliance faces challenges regarding U.S. President Trump’s insistence on American ownership of Greenland, raising concerns about the future of NATO.  
- European leaders argue that Greenland's territory is already protected under NATO's collective security and express skepticism over a U.S. military takeover, fearing it could severely weaken the alliance.  
- NATO plans to enhance Arctic security by increasing surveillance and patrolling efforts, reflecting a need for collective action without undermining its foundational unity.

ANALYSIS-Trump's Greenland push prompts NATO scramble for Arctic security ideas - and survival

Li Qiang met with Canadian Prime Minister Carney, emphasizing the strong economic complementarity between China and Canada and the great potential for cooperation. The Chinese side hopes to strengthen the alignment of development strategies, promote bilateral trade growth, enhance trade facilitation, and deepen cooperation in areas such as clean energy and digital technology. The Chinese side welcomes more Canadian enterprises to invest in China and hopes that the Canadian side will provide a fair business environment for Chinese enterprises. Both sides will also support exchanges and cooperation in education, culture, and other fields, and strengthen cooperation in international organizations to uphold multilateralism and free trade

ChinaAMC CNI Aerospace ETF(159227.SZ)

The country's first offshore liquid rocket launch and recovery test platform will be put into use

Cold Thoughts Amidst the Capital Frenzy of Commercial Aerospace: The Trillion-Yuan Track Needs a Dual Breakthrough in Technology and Commercialization

The Supply Cliff: Why The Critical Materials Shortage Is Bigger Than Just Copper

National Affairs Express: Rationally view China's space exploration, facing setbacks twice in one day: There are no absolute victors on the journey of space exploration

The ChiNext fell over 1%, with commercial aerospace and computing hardware collectively adjusting, real estate rising, the Hang Seng Tech Index down 1%, POP MART rising 10% against the trend, and government bonds rebounding