Understanding the Market | Commercial Aerospace Concept Retreats, Drinda Falls Over 17%, Goldwind Falls Over 9%
I'm LongbridgeAI, I can summarize articles.The commercial aerospace concept has retreated. As of the time of writing, Drinda has fallen by 16.94%, trading at HKD 19.27; Goldwind has dropped by 9.07%, trading at HKD 9.62; APT SATELLITE has decreased by 6.97%, trading at HKD 2.27. In terms of news, last Friday, the commercial aerospace sector welcomed a milestone catalytic event. The Long March 10 B successfully made its maiden flight on July 10, with the first stage successfully recovered via a maritime platform network, marking China's first controllable recovery of a launch vehicle and the world's first net recovery of a launch vehicle. According to the official website of China Aerospace Science and Technology Corporation, the recovered first stage is expected to complete its reusable flight before the end of the year. After the market opened at noon that day, many stocks in the commercial aerospace concept surged. According to Yicai, regarding the starkly different trends in the sector, Shen Meng, executive director of Changchun Capital, analyzed that "the market funds aim to create price fluctuations using hot topics, thereby locking in the price difference as profit. Once the target is achieved, funds will take profits." He also mentioned that the reusable rockets in commercial aerospace still require more tests, and there are still uncertainties in realizing commercial value, making the sector's market more driven by emotions in the short term
According to Zhitong Finance APP, the commercial aerospace concept has retreated. As of the time of publication, Drinda (02865) is down 16.94%, trading at HKD 19.27; Goldwind (02208) is down 9.07%, trading at HKD 9.62; APT SATELLITE (01045) is down 6.97%, trading at HKD 2.27.
In terms of news, last Friday, the commercial aerospace sector welcomed a milestone catalytic event. The Long March 10 B successfully made its maiden flight on July 10, with the first stage successfully recovered via a maritime platform network, marking China's first controllable recovery of a launch vehicle and the world's first network recovery of a launch vehicle. According to the Aerospace Science and Technology Group's official website, the recovered first stage is expected to complete reusable flight before the end of the year. After the market opened at noon that day, many stocks in the commercial aerospace concept surged.
According to Yicai, regarding the starkly different trends in the sector, Shen Meng, executive director of Changchun Capital, analyzed that "the target of market funds is to utilize hot spots to create price fluctuations, thereby locking in the price difference as profit. Once the target is achieved, funds will take profits." He also mentioned that the reusable rockets in commercial aerospace still require more tests, and there are uncertainties in achieving commercial value along the way. In the short term, the market trend in this sector is more driven by sentiment