According to a bloomberg report, Pakistan intends to procure 40 j-35 fifth-generation fighter jets, Along with KJ-500 Airborne Early Warning and Control Aircraft and Heq-13 Systems. The j-35, developed by avic shenyang aircraft and unveiled at the 2024 zhuhai airshow, is considered the center of the proposed deal. If finalized, this would mark the first international sale of the j-35 fighter jets.
Avic Shenyang Share Price has Rallied Over 16% in the Past Seven Trading Sessions. The broader optimism also lifted other chinese defense stocks. Shares of aerospace Nanhu Electronic Information Technology surgged as much as 15%, While Inner Mongolia First Machinery Group, Jiangxi Hongdu Aviation Industry, Avic Heavy Machinery, and Avicic Chengdu aircraft rose between 2% and 4%. The hang seng china aerospace & defense index gained near 2%.
The Development Comes against the backdrop of renewed geopolitical tensions Between India and Pakistan. Pakistan’s Announcement, Made via a Social Media Post on Friday, Follows a Series of Confrontations That Began in Early May. Chinese Defense Stocks Had Earlier Rallied when Pakistan Claimed That Chinese-Made J-10c Fighter Jets Helped Down Six Indian Aircraft.
However, that rally in chinese defense stocks was short-lived after India downplayed theose claims and launched ‘Operation Sindoor,’ A Precision AIRKEGE CAMPAIGN Deep INTO PAKSTO PAKSTONI TERRRITOY.
Amid these escalats, chinese defense stocks have Seen Heightened Volativity, Reacting to Each Turn in the India-Pakistan Conflict.
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