Latest news with #AVICChengduAircraft


Mint
3 days ago
- Business
- Mint
AVIC Chengdu Aircraft share price: J-10 fighter jet maker stock crashes 20% from May peak amid India-Pakistan conflict
AVIC Chengdu Aircraft share price: The bullish trend seen in the shares of AVIC Chengdu Aircraft's share price at the peak of the India-Pakistan conflict seems to have fizzled out as the stock of the J-10 fighter jet maker has tumbled 20% from its May peak. In a matter of just 14 sessions, Chinese defence company AVIC Chengdu Aircraft's stock has fallen from its May 12 high of 95.86 yuan to today's low of 76.04 yuan. The Chinese defence stock has suffered losses after Prime Minister Narendra Modi publicly poked holes in Pakistan's claims that Chinese-made fighter jets were responsible for destroying the Indian Air Force's Adampur airbase. 'Pakistan claimed it damaged our S-400 and BrahMos missile bases with JF-17 jets, which is completely false,' said Colonel Sofiya Qureshi. 'It also spread misinformation about damage to Indian airfields in Sirsa, Jammu, Pathankot, Bhatinda, Nalia, and Bhuj — all of which is untrue.' Additionally, the fall in AVIC Chengdu and other Chinese defence stocks can also be attributed to the successful completion of India's Operation Sindoor, which highlighted India's military prowess. Also, a ceasefire between India and Pakistan dampened the interest.


Mint
19-05-2025
- Business
- Mint
AVIC Chengdu share price: J-10 fighter jet maker stock rebounds after falling for two straight sessions
AVIC Chengdu share price: Chinese defence stock — AVIC Chengdu — rebounded sharply on Monday, May 19, after two sessions of back-to-back losses. The stock of AVIC Chengdu, J-10 fighter jet maker, has traded on a volatile note since an address by Prime Minister Narendra Modi against India's changing stance towards tolerance of terrorism. AVIC Chengdu Aircraft share price gained 5.6% in intraday trade to hit the day's high of 90.99 yuan, as against its previous closing price of 86.08 yuan. With today's gains, the Chinese defence stock has wiped off losses of 4.8% seen over the last two trading sessions.


Mint
17-05-2025
- Business
- Mint
Dassault Aviation vs AVIC Chengdu Aircraft: Rafale or Jet-10? Which stock is better in global markets today?
The recent military escalation between India and Pakistan, particularly following the Indian armed forces' Operation Sindoor, has heightened investor interest in France's Dassault Aviation shares and China's AVIC Chengdu Aircraft shares. India launched Operation Sindoor on May 7, during which the Indian Air Force (IAF) reportedly deployed Rafale jets to strike terrorist camps deep inside Pakistani territory, utilizing SCALP and HAMMER missiles. Dassault Aviation is the manufacturer of the Rafale fighter jets. Conversely, Pakistan's Deputy Prime Minister Ishaq Dar confirmed that the Pakistan Air Force responded using J-10 fighter jets, manufactured by AVIC Chengdu Aircraft. Dassault Aviation share price has rallied over 3% in the past four sessions, buoyed by a surge in investor sentiment following Prime Minister Narendra Modi's visit to the Adampur Air Base. Backed by an S-400 missile defence system, Modi lauded the successful execution of Operation Sindoor, sending a strong message to Pakistan. In contrast, AVIC Chengdu shares have declined over 10% during the same period, as geopolitical tensions and increased uncertainty weighed on Chinese defence stocks after PM Modi's remarks. Year-to-date in 2025, Dassault Aviation shares have delivered an impressive 57% return, supported by robust investor confidence and growing exports of Rafale jets. 'India and France recently signed a major defence deal to procure 26 naval variants of the Rafale fighter. Whereas, AVIC Chengdu, part of China's AVIC conglomerate has also given high returns post its listing with gains of more than 30% from listing rate while, in recent days the stock has been volatile due to geopolitical tensions and misinformation, due to which Chinese stocks faced sell-off,' said Dr. Ravi Singh, SVP - Retail Research at Religare Broking Ltd. For investors seeking exposure to the global defence sector, Singh notes that Dassault Aviation shares currently appear to be the more attractive option, considering the prevailing circumstances. From a technical standpoint, Dassault Aviation shares demonstrate clear relative strength compared to AVIC Chengdu, analysts said. 'While Chengdu share price remains in consolidation, Dassault stock is already showing strong momentum. A breakout above €316 will likely act as a trigger, propelling the stock toward the €375 level. Given the setup, Dassault presents a more favorable risk-reward profile for long trades at this stage,' said Anshul Jain, Head of Research at Lakshmishree Investment and Securities. Jain added that until clearer signals emerge from AVIC Chengdu, traders with a bullish view should consider prioritizing Dassault Aviation shares. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.


Arabian Post
15-05-2025
- Business
- Arabian Post
My Raytheon call is up 30% but there is still juice
Matein Khalid I was neurologically programmed to disbelieve every communique issued by the Indian or Pakistani military in the wartime and thus missed the spectacular 50% rise in the shares of AVIC Chengdu Aircraft, a Shenzhen listed vendor of the $39 million J-10 fighter jet that downed three Indian $250 million Rafales, a MiG-29 and Sukhoi-30 while French, British and US intelligence told sources in Reuters, Bloomberg, CNN, the NYT and the Financial Times about these catastrophic losses the Indian media led by Awful Arnab and even once respectable Barkha + every major newspaper in Bharat denied this obvious fact, even though I could see Dassault Aviation shares falling on my screens. The woes of French defense contractors is nirvana for America's Missile King Raytheon (RTX), a puppy I table banged at 99, which is now at 130. I can imagine Saudi Arabia, UAE and Qatar increasing their missile defense in context of a colossal $500 billion weapons shopping spree with Pentagon Defense Contractors. The Street expects Raytheon's EPS at $7 a share next year and I can easily envisage a 22X valuation multiple for the unique hightech company that gave the world the Patriot, AMRAAM missiles, precision guided bombs, killer drones and electronic warfare space/sensor hardware. This means, RTX can well rise to 154 in the next 12-months. The risk-reward calculus and the macro zeitgeist in the Trumpian States of America (TSA) is just too yummy. With a trade deal with China in Geneva, a ceasefire in the subcontinent, with Modi and Munir's head under each arm, a tough love deal with Putin on Ukraine, the Ayatollahs in Iran and Maduro in Venezuela, DonnyT is the new Emperor of the World, not just the West. 'Peace through strength' is the new motto for Uncle Sam in Trump 2.0. The Big Guy has updated Teddy Roosevelt's fave pledge – speak loudly, carry a big stick and use it to whack foreign derrieres at every opportunity. This is the new Pax Americana and it will mean a valuation rerating for RTX. See also I am a nervous bull on sterling since 1.22. Why? RTX has exposure to NATO, Japan, South Korea, ASEAN and the GCC's most sensitive air warfare needs. Missile defense, air-to-air combat, space warfare, command center communications and stealth/blitzkrieg technologies. My Aunt married a Pakistan Airforce ace Uncle Micky of the 1971 war who once put the 5-year old Matt in the cockpit of his F-104 Starfighter and put his helmet on me. I never became a fighter pilot but I did see the movie Top Gun and know RTX's value template to make money inside out from the danger zone! Hopefully we all make more money from this idea. Also published on Medium. Notice an issue? Arabian Post strives to deliver the most accurate and reliable information to its readers. If you believe you have identified an error or inconsistency in this article, please don't hesitate to contact our editorial team at editor[at]thearabianpost[dot]com. We are committed to promptly addressing any concerns and ensuring the highest level of journalistic integrity.


News18
14-05-2025
- Business
- News18
Despite Battlefield Setback, China Eyes 'Top Tier' Arms Exporter Status Post Op Sindoor
Last Updated: Despite multiple Chinese weapons underperforming during Operation Sindoor, China launched an aggressive misinformation campaign. China is leveraging the recent India-Pakistan conflict to accelerate its ambitions of becoming a top-tier global arms supplier, challenging the dominance of the United States and Russia in the defence export market. Top intelligence sources told CNN-News18 that Beijing turned the conflict into a live demonstration of its weapons, providing around 81 per cent of Pakistan's defence equipment during the operation. This included high-profile deployments of J-10C fighter jets, PL-15 long-range air-to-air missiles, and Wing Loong drones—making Pakistan a de facto display window for Chinese arms. Marketing War? Despite multiple Chinese weapons systems underperforming during the conflict—particularly the PL-15 missiles, which were intercepted by India's Indigenous Akashteer air defence system—China launched an aggressive misinformation campaign. Chinese state media, especially Global Times, amplified Pakistan's false claims of shooting down Indian Rafale jets using AI-generated videos and recycled footage, crafting a narrative of parity with Western technology. The coordinated disinformation effort, supported by Pakistani media, aimed to project Chinese weaponry as battle-tested, reinforcing Beijing's strategic narrative and commercial aspirations. Economic Motive Chinese defence stocks surged in the immediate aftermath of the India-Pakistan conflict. AVIC Chengdu Aircraft, which manufactures the J-10C, saw a 36 per cent spike in share value within two days. Analysts say this reflects how Beijing turned a limited regional conflict into a marketing blitz for its arms industry. The price advantage is another major selling point. China offers weapons at 30–50 per cent less than Western alternatives. These competitive prices attract interest from budget-conscious militaries, particularly in Africa and the Middle East. Algeria and Nigeria have reportedly shown renewed interest in acquiring JF-17 fighters and Wing Loong drones following the conflict. Pakistan As A Showcase Client Pakistan's heavy reliance on Chinese arms—amounting to $20 billion in pre-war defence deals—has made it China's most prominent client and a strategic partner in its global arms push. The conflict further highlighted Beijing's role as Pakistan's sole major weapons supplier. However, defence experts note that Operation Sindoor was also a 'wake-up call" for China's arms industry. Battlefield failures provided actionable insights for research and development, which Chinese manufacturers are expected to use to enhance future systems. A New Kind Of Arms Dealer China's approach signals a shift in global arms trade norms. By blending real-world deployments with aggressive disinformation, Beijing is emerging as a 'hybrid arms dealer"—one that markets not just weapons, but the illusion of technological dominance. Operation Sindoor, while militarily mixed, was a strategic experiment for Beijing. And despite the setbacks, the operation may mark a turning point in China's quest to secure a seat at the table of top global arms exporters. Watch India Pakistan Breaking News on CNN-News18. Get breaking news, in-depth analysis, and expert perspectives on everything from geopolitics to diplomacy and global trends. Stay informed with the latest world news only on News18. Download the News18 App to stay updated!