Changes in Hong Kong stocks | China Aviation Science and Engineering (02357) rose more than 3%, Indonesia is considering buying J-10 fighter jets. Agencies are optimistic that military trade potential will raise the ceiling of the industry

The Zhitong Finance App learned that China Aviation Technology (02357) rose more than 3%. As of press release, it had risen 3.25% to HK$4.13, with a turnover of HK$73.556 million.

According to the news, according to CCTV news reports, on June 5 local time, according to Indonesian military sources, the Indonesian government is conducting a feasibility assessment on purchasing Chinese-made J-10 fighter jets. Indonesian Deputy Defense Minister Dauphto said that the move was aimed at improving the modern combat capability of the Indonesian Air Force while taking into account the cost performance ratio of the defense budget. Dauphto pointed out that the performance of the Chinese J-10 fighter during the India-Pakistan conflict is one of the important factors for Indonesia to consider this aircraft.

China Aviation Securities believes that along with the global demand side's understanding of China's comprehensive advantages in military trade equipment production capacity, performance, and cost performance, China's military trade capabilities and potential will once again raise the ceiling of the military industry. Bank of China International said earlier that with its dual layout in the military and civil aviation markets, AVIC will continue to benefit from strong demand in the aviation industry.