军工有望进入新一轮的上升周期，国证航天指数近5日涨超10%，航空航天ETF天弘（认购代码：159241）正在发行中

Group 1 - The three major indices opened lower and declined, with the military industry sector experiencing a slight pullback. Notable individual stocks included Shanghai Hanxun, Yaguang Technology, and Guangqi Technology, which saw significant gains [1] - As of May 8, the Guozheng Aerospace Index had a 10.38% increase over the past five trading days, outperforming the Zhongzheng Military Industry Index by 2.27% [1] - The Tianhong Aerospace ETF (subscription code: 159241) is currently being issued, with a fundraising cap of 5 billion yuan, aimed at tracking the Guozheng Aerospace Industry Index [1] Group 2 - Huatai Securities noted that China has entered a phase of net military trade surplus, primarily driven by self-developed equipment. Chinese military products, particularly aircraft, ships, armored vehicles, and missiles, have gained recognition in the global military trade market due to their high cost-performance ratio [2] - Minsheng Securities anticipates a new upward cycle for the military industry from 2025 to 2027, with a performance bottom expected to be established in the first quarter of 2025, followed by significant improvement in the second quarter [2]