APT Satellite Shares Surge Over 8% Amid Renewed Commercial Space Sector Momentum

Stock News
Apr 20

APT Satellite (01045) saw its shares rise more than 8% during trading. At the time of writing, the stock was up 6.07%, trading at HK$4.02, with a turnover of HK$28.16 million. The increase comes as the commercial space sector gains renewed attention. At a press conference for the 2026 China Space Day held by the China National Space Administration on April 17, officials disclosed key mission plans for 2026. That year, China will carry out a packed schedule of space missions: Tianwen-2 will approach its target asteroid for close observation; the manned space program will launch missions including Shenzhou-23; multiple reusable rocket models will undergo flight tests; and the commercial space sector will pursue high-quality development with a strong emphasis on safety. Public information shows that APT Satellite is a controlled subsidiary of China Satellite Communications Co., Ltd. The APT Satellite Group currently operates the APSTAR-5C, APSTAR-6C, APSTAR-7, and APSTAR-9 satellites, and through a joint venture, also operates the APSTAR-6D and APSTAR-6E satellites. The APT Satellite system covers regions accounting for approximately 75% of the global population, including Asia, Europe, Africa, and Oceania, providing high-quality satellite transponder, satellite communication, and satellite TV broadcast transmission services to broadcasting and telecommunications clients.

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