Jungonghangye (02357) has a strong performance. As of the time of publication, it was reported at 4.34 Hong Kong dollars, an increase of 4.33%, with a turnover of 80.346 million Hong Kong dollars.

In addition, CSSC Offshore & Marine Engineering (00317) rose by 3.07%, Con Aero Tech (00232) rose by 2.94%, and China Aerospace (00031) rose by 1.15%.

On the news front, on November 5th, the Air Force held a press conference in Beijing to introduce information related to celebrating the 75th anniversary of the Air Force's establishment and participating in the 15th China International Aviation and Aerospace Exhibition. Colonel Niu Wenbo from the Air Force Equipment Department introduced: During the 15th China International Aviation and Aerospace Exhibition, the medium-sized stealth multi-role fighter J-35A will also have the opportunity to meet everyone.

Military expert Li Li stated that the public display of the J-35A indicates that the Chinese Air Force will simultaneously possess two stealth fighters - the J-20 and the J-35A. This makes China the second country in the world, after the United States Air Force's possession of the F-22 and F-35, to equip two stealth fighters at the same time.

CSC research reports pointed out that the military industry is in a triple bottom range of sector valuation, performance growth rate, and fund allocation, showing significant investment value. The report determines that as personnel adjustments and related institutional reforms gradually take effect, orders in the later stage of the 14th Five-Year Plan are expected to be progressively issued, with accumulated backlog and new demand, the industry's orders and performance growth in 2024 are expected to stabilize and rise, possibly initiating a second round of structural recovery.