Mei Ri Jing Ji Xin Wen·2025-08-04 02:02Group 1 - The A-share market saw a collective decline on August 4, with the military industry sector performing strongly, showing resilience against the market downturn [1] - The Aerospace ETF (159227) recorded a rise of 1.31%, with key holdings such as Great Wall Military, Aerospace Electronics, and Zhenxin Technology increasing by over 7% [1] - The Russian Ministry of Defense reported significant military actions against Ukrainian infrastructure, highlighting the increasing importance of air power in modern warfare and the high technological barriers in the military industry [1] Group 2 - The Aerospace ETF (159227) tracks the National Aerospace Index, which has a strong military attribute, with 97.86% of the index comprising military-related sectors [1] - The weight of aerospace equipment in the ETF is 66.8%, significantly higher than that of the CSI Military and CSI National Defense indices, providing investors with an efficient way to capture core military aerospace opportunities [1] - Zhejiang Securities predicts that ongoing geopolitical conflicts will lead to a reassessment of the value of China's defense and military enterprises, as military exports gain practical validation in overseas conflicts [2]