Chinese defense stocks face wild swings amid arms export speculation
WATARU SUZUKI
SHANGHAI -- China's defense stocks are fluctuating wildly amid reports of growing interest in the country's military equipment from Asian neighbors.
Shanghai-listed shares of AVIC Shenyang Aircraft, the maker of J-35A fighter jets, fell 3.2% on Tuesday after jumping 9.3% on Monday. The surge had been in response to Pakistan's reported plans to purchase J-35As last week. The fifth-generation stealth fighter flew at China's biggest aviation expo in the southern city of Zhuhai in November.
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