AVICHINA (02357) surged over 4%. As of press time, the stock rose 4.05% to HK$4.11 with trading volume reaching HK$377 million.

On the news front, according to CCTV News, Saudi Arabia and Pakistan signed a defense agreement on the 17th local time, stipulating that any attack on either country will be considered an attack on both parties.

Galaxy Securities pointed out that focusing on "long-term" over "short-term," the military industry still has great potential. In the long run, the India-Pakistan conflict has enhanced China's military industry reputation, with military trade ushering in a "Deepseek" moment. The synergy between domestic demand and military trade is opening up equipment demand space.

AVICHINA is the only aviation high-tech military-civilian flagship company in the Hong Kong capital market. It controls four A-share listed companies: Zhongzhi Corporation, Hongdu Aviation, AVIC Avionics, and AVIC Jonhon Optronic. Its main businesses cover helicopters, trainer aircraft, general aviation aircraft, airborne systems and aviation components, and aviation engineering services.