Latest news with #AvicChengdu
Mint
07-07-2025
- Business
- Mint
Avic Chengdu share price trades lower as Middle East tensions fizzle out; more pain ahead?
Avic Chengdu share price: Shares of J-10 fighter jet maker Avic Chengdu have been caught in a range since the tensions in the Middle East fizzled out with the Iran-Israel ceasefire coming into effect late last month. At the peak of the Iran-Israel tensions, Avic Chengdu Aircraft's share price had risen to 90.30 yuan. But since then the Chinese defence stock has lost over 8% of its value as of today, July 7. From a technical perspective, too, Avic Chengdu stock has seen failed attempts to break out, thus weakening the sentiment in the stock, as per an expert. While the J-10 fighter jet maker's stock initially rallied on the news amid a relief rally in Chinese stocks following the ease in Middle East tensions, the stock soon took a backseat. The shares of Avic Chengdu had caught the limelight during the peak of the India-Pakistan conflict, when the latter had deployed Chinese-made J-10 fighter jets against India. In the last five sessions, Avic Chengdu share price has declined in four sessions, barring Friday (July 4). For the month, the Chinese defence stock is down 5%, taking a breather after a 14.5% rally in June and 31% gains in March. According to Anshul Jain, Head of Research at Lakshmishree Investments, AVIC Chengdu has seen two failed breakout attempts and is still shaping a VCP (volatility contraction pattern) on the daily charts, now spanning 33 days. The repeated failures and weakening volume pattern are red flags for bulls, he added. "Only a sustained move above 95 can revive bullish momentum and attract fresh buying interest. On the flip side, any close below 75 will likely trigger a breakdown, opening the way for the stock to drift towards the 60 level," Jain said, while telling investors to exercise caution at the current juncture. Disclaimer: This story is for educational purposes only. 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.
News18
18-06-2025
- Business
- News18
J-10 Maker AVIC Chengdu Shares Jump 10% Before Trump-Pakistan Army Chief Meeting
Last Updated: Shares of AVIC Chengdu Aircraft surged nearly 10 percent ahead of President Trump's meeting with Pakistan's army chief. Avic Chengdu Share Price: Shares of J-10 fighter jet maker AVIC Chengdu Aircraft surged nearly 10% during intraday trading on Wednesday, ahead of President Donald Trump's meeting with Pakistan's army chief, Asim Munir. At the time of writing this report, Avic Chengdu Aircraft Ltd shares were trading at CNY 88.93 with a gain of 4.14 per cent. Earlier, the scrip opened at CNY 85.48, against the previous day close at CNY 85.40. Stocks are up 12 per cent in the past five days. The day's high touched at CNY 93.88. This will be Munir's first meeting with the US President following India-Pakistan border tensions in May. Tensions between the two countries escalated after India launched 'Operation Sindoor' in response to a deadly attack on tourists in Pahalgam, Kashmir, which resulted in 26 fatalities. AVIC Chengdu Aircraft Stock Movement Shares of Avic Chengdu Aircraft Co Ltd, a Chinese defence manufacturing and the maker of J-10 fighter jets, have seen a weak momentum by falling over 17 per cent with the ease of tensions between India and Pakistan. J-10 jet fighters were used by the Pakistan army during the border tensions. Stocks of Avic Chengdu Aircraft experienced a sharp spike after the Pahalgam terror attack and Operation Sindoor. In the two weeks between April 30 and May 12, the price of Avic Chengdu Aircraft stock shot up to 95.86 CNY from 58.75 CNY, registering a jump of 64 per cent in the duration. Other Chinese defence stocks also saw surged in the expectations of a full-fledged war and the surging demand of weapons like fighter jets, missiles and other equipment. The Chinese defence stock has declined after Prime Minister Narendra Modi challenged Pakistan's claims that Chinese-made fighter jets were responsible for destroying the Indian Air Force's Adampur airbase. Disclaimer: The views and investment tips by experts in this report are their own and not those of the website or its management. Users are advised to check with certified experts before taking any investment decisions. About the Author Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. First Published: June 18, 2025, 13:45 IST News business » markets J-10 Maker AVIC Chengdu Shares Jump 10% Before Trump-Pakistan Army Chief Meeting
Japan Times
19-05-2025
- Business
- Japan Times
China's defense industry is getting a DeepSeek moment
In investing, narratives can matter a lot more than earnings or cash flow analysis. Pakistan is certainly spinning a good story about China's defense industry. Its army said it used Chinese J-10C planes to shoot down five Indian jets, including three Rafales, a MIG-29 and an Su-30. Rafales are made by France's Dassault Aviation, while the other two were imported from Russia. India's government has not confirmed or denied Islamabad's claim and evidence remains inconclusive. Nonetheless, investors got excited. It was the first real combat between modern Chinese warplanes and advanced Western jets — and surprisingly, China seems to have come out on top. On Monday, Avic Chengdu Aircraft, which made the J-10C jets, soared 20.6%, while Dassault tumbled 6.2%. Some are hailing it as another DeepSeek moment for China. In late January, a little-known Hangzhou-based startup released an AI reasoning model that performed almost as well as OpenAI at a fraction of the cost, thereby propelling a bull run in Chinese tech names. Are we witnessing a repeat, in defense this time? I see parallels. While the jury is still out on how disruptive DeepSeek is to U.S. big tech, its arrival has pointed to a new way forward for China and shows that growth is still possible despite U.S. President Donald Trump's tariffs. More than manufacturing electronics and apparel, Chinese companies can be good at making software, too, the thinking goes. Over time, they might just be able to gain market share in services exports, which the U.S. dominates. Similarly, Chinese defense companies might one day be able to sell more weapons overseas. Between 2020 and 2024, China accounted for only 5.9% of global arms exports, well behind America's 43%, according to the Stockholm International Peace Research Institute. In addition, there's little geographical diversity; Almost two-thirds of China's weapons exports went to Pakistan. So imagine China selling more warplanes and missiles to the Global South. Already, it's the biggest supplier in West Africa, accounting for 26% of total arms imports there. This is lucrative business: Dassault Aviation notched 17% net income margin last year. To be sure, investors will have to wait for months, if not years, to see if developing nations friendly with Beijing will place more military equipment orders. But positioning well ahead of positive earnings is nothing new. German and French defense names are on fire this year, triggered by the White House's isolationist foreign policies and NATO countries' vows to ramp up spending. Whether the Europeans can get their act together is another matter. But that has not stopped Dassault from rallying more than 50% for the year despite Monday's drop. Meanwhile, Germany's Rheinmetall and Hensoldt more than doubled in market value. There is also the lack of availability. One reason European military stocks are doing so well is because there are only a handful of publicly listed names that asset managers can get exposure to. After all, for decades Europe relied on the U.S. for national security, so the continent's defense industry is fragmented and in need of an overhaul. A similar picture emerged in China. Military modernization is new and the country only weaned itself off imported Russian weapons in the mid-2010s. For arms exporters, there's no better advertisement success in a real confrontation. In a way, China's long-held friendship with Pakistan is already paying off. Islamabad is doing a great job marketing Beijing's military might. Shuli Ren is a Bloomberg Opinion columnist covering Asian markets. She is a CFA charterholder.
Times
18-05-2025
- Business
- Times
Xi's war machines: combat ‘kill' gives Beijing a boost in arms export race
The recent hostilities between India and Pakistan left both claiming victory, without much evidence on display for either. One country that could give factual grounds for a sense of triumph, however, was China — and in particular its arms industry. A company based in the country's southwest, Avic Chengdu Aircraft, saw its share price rise 40 per cent in five days alone in the aftermath of the fighting. In a rare semi-confirmed detail of the conflict, whose participants kept their losses secret, a French Rafale jet flown by the Indian air force was shot down by a much cheaper Chinese-made J-10C fighter flown by the Pakistani side. The J-10C is manufactured by Avic Chengdu, and its 'score' against the Rafale was met with a
CNA
15-05-2025
- Business
- CNA
Commentary: China's defence industry is getting a DeepSeek moment with India-Pakistan clash
HONG KONG: In investing, narratives can matter a lot more than earnings or cash flow analysis. Pakistan is certainly spinning a good story about China's defence industry. Its army said it used Chinese J-10C planes to shoot down five Indian jets, including three Rafales, a MIG-29 and a Su-30. Rafales are made by France's Dassault Aviation, while the other two were imported from Russia. India's government has not confirmed or denied Islamabad's claim and evidence remains inconclusive. Nonetheless, investors got excited. It was the first real combat between modern Chinese warplanes and advanced Western jets – and surprisingly, China seems to have come out on top. On Monday (May 12), Avic Chengdu Aircraft, which made the J-10C jets, soared 20.6 per cent, while Dassault tumbled 6.2 per cent. Some are hailing it as another DeepSeek moment for China. In late January, a little-known Hangzhou-based startup released an AI reasoning model that performed almost as well as OpenAI at a fraction of the cost, thereby propelling a bull run in Chinese tech names. Are we witnessing a repeat, in defence this time? GLOBAL ARMS EXPORT I see parallels. While the jury is still out on how disruptive DeepSeek is to US big tech, its arrival has pointed to a new way forward for China, and shows that growth is still possible despite US President Donald Trump's tariffs. More than manufacturing electronics and apparel, Chinese companies can be good at making software, too, the thinking goes. Over time, they might just be able to gain market share in services exports, which the US dominates. Similarly, Chinese defence companies might one day be able to sell more weapons overseas. Between 2020 and 2024, China accounted for only 5.9 per cent of global arms exports, well behind America's 43 per cent, according to the Stockholm International Peace Research Institute. In addition, there's little geographical diversity; almost two-thirds of China's weapons exports went to Pakistan. So imagine China selling more warplanes and missiles to the Global South. Already, it's the biggest supplier in West Africa, accounting for 26 per cent of total arms imports there. This is lucrative business: Dassault Aviation notched 17 per cent net income margin last year. MARKETING MILITARY MIGHT To be sure, investors will have to wait for months, if not years, to see if developing nations friendly with Beijing will place more military equipment orders. But positioning well ahead of positive earnings is nothing new. German and French defence names are on fire this year, triggered by the White House's isolationist foreign policies and NATO countries' vows to ramp up spending. Whether the Europeans can get their act together is another matter. But that has not stopped Dassault from rallying more than 50 per cent for the year despite Monday's drop. Meanwhile, Germany's Rheinmetall and Hensoldt more than doubled in market value. There is also the lack of availability. One reason European military stocks are doing so well is because there are only a handful of publicly listed names that asset managers can get exposure to. After all, for decades Europe relied on the US for national security, so the continent's defence industry is fragmented and in need of an overhaul. A similar picture emerged in China. Military modernisation is new and the country only weaned itself off imported Russian weapons in the mid-2010s. For arms exporters, there's no better advertisement success in a real confrontation. In a way, China's long-held friendship with Pakistan is already paying off. Islamabad is doing a great job marketing Beijing's military might.
