军贸+低空经济双催化！通用航空ETF华宝（159231）午后续涨2.41%逼近上市高点

Group 1 - The Shanghai Composite Index has reached a new high for the year, with non-bank financials and defense industries leading the gains [1] - In the military aviation sector, companies such as Ruina Radar and New Morning Technology saw stock increases of over 6% and 5% respectively, while Aerospace Rainbow and Morning Star Aviation rose over 4% [1] - The General Aviation ETF Huabao (159231) has increased by 2.41%, approaching its highest price since listing [1] Group 2 - The demand for military equipment in the Middle East is expected to grow, with both Europe and the US increasing military investments, potentially leading to a new arms race [3] - China's military trade has been expanding, particularly in the Middle East, which may present new growth opportunities [3] - The low-altitude economy is projected to exceed 1 trillion yuan by 2026, with low-altitude manufacturing accounting for over half of the total output value [3] Group 3 - The General Aviation ETF Huabao (159231) covers a wide range of sectors, including military and civil aviation, with over 46% of its components being state-owned enterprises and over 20% from major military groups [4] - The ETF focuses on key areas such as low-altitude economy (52.12%), large aircraft (34.60%), military aircraft (31.51%), commercial aerospace (26.18%), satellite navigation (25.76%), and drones (18.52%) [4]