军工含量最高的航空航天ETF天弘（159241）翻红，机构：中国军贸已形成体系化产品矩阵

Group 1 - The Shanghai Composite Index rose over 1% and the ChiNext Index increased by more than 2%, while the aerospace and military sector opened significantly lower but rebounded during the day [1] - The Aerospace ETF Tianhong (159241) experienced a decline of nearly 2% at one point but later turned positive with a 0.1% increase, with a trading volume exceeding 10 million yuan [1] - The Aerospace Index, which the Aerospace ETF Tianhong closely tracks, has over 96% weight in the defense and military industry, making it the index with the highest military content in the market [1] Group 2 - According to Zheshang Securities, the domestic demand in the defense and military industry is expected to bottom out, and military trade is opening up growth and valuation space [2] - The military industry (excluding shipbuilding) saw a year-on-year decline in revenue and profit of -5% and -32% respectively in Q1 2025, but upstream electronic component orders are beginning to recover, indicating a trend towards recovery [2] - Dongfang Securities noted that several new main battle equipment made their debut at the Paris Air Show, and the national emphasis on military trade has exceeded expectations, continuously catalyzing the military trade sector [2]