防务行业迅速崛起，欧洲股市“换岗”：军工取代奢侈品

Group 1: Defense Industry Trends - The European defense industry is rapidly rising due to geopolitical events such as the NATO summit, worsening Middle East tensions, and the Russia-Ukraine conflict, leading to increased defense budgets across European countries [1][2] - Rheinmetall, Germany's largest defense company, will replace luxury goods manufacturer Kering in the Euro Stoxx 50 index, highlighting the shift in market focus towards defense stocks [1][2] - The overall European defense sector is experiencing a significant uptrend, with companies like Indra Sistemas also joining the Euro Stoxx 600 index [2] Group 2: Rheinmetall's Performance - Rheinmetall's global sales are projected to reach €9.75 billion in 2024, marking a record high, with an expected growth of 25% to 30% this year [2] - The company's market capitalization has surged to €74.6 billion, making it the sixth largest company in Germany's DAX 40 index, with its stock price increasing from €493.6 to €1,747 over the past year, a rise of over 252% [2] - The collaboration with US defense startup Anduril to manufacture drones will enhance Rheinmetall's product offerings in Europe [1] Group 3: Market Dynamics - The banking and insurance sectors are also performing well, with Santander Bank's stock rising by 55.4% this year, pushing its market cap above €102 billion [3] - In contrast, the luxury goods sector is declining, with LVMH's market cap shrinking from over €500 billion to €230 billion, and Kering's stock price falling significantly [3] - The market is shifting investment focus from luxury consumption to more stable and policy-supported sectors like defense and finance [3]