CIRRUS (02507) surged more than 3%, trading at HK$54.5 with a turnover of HK$6.2159 million by the time of writing.

Key developments include its removal from the Hong Kong Stock Connect list on September 8, followed by the tragic crash of a CIRRUS SR22T aircraft on September 18, resulting in the death of Grammy-winning songwriter Brett James. On November 6, MSCI announced its November index review results, adding CIRRUS to the MSCI Global Small Cap Index.

Western Securities released a research report stating that the short-term exclusion from Stock Connect and the crash incident have no material impact on orders. The peak pressure on liquidity has passed, and the company is confident about rejoining the Stock Connect next year.

The report highlights strong post-earnings momentum, robust demand for the G7+ model, and recovering order books. Full-year sales are expected to grow at a high single-digit rate, with improved profitability driven by product mix upgrades and economies of scale.

Analysts emphasize CIRRUS's long-term benefits from U.S. manufacturing reshoring, strong intrinsic growth drivers, and attractive valuation at current levels, presenting a compelling opportunity amid market mispricing of quality assets.