CSSC Holdings(SH:600150) Xin Lang Cai Jing·2025-08-07 09:58Core Viewpoint - The defense and military industry sector is experiencing a short-term adjustment after a three-day rise, with the high-profile defense military ETF (512810) seeing a decline after reaching a three-and-a-half-year high [1][3]. Market Performance - The defense military ETF (512810) opened at a new high but closed down 0.69% with a trading volume of 154 million yuan, marking five consecutive days of over 100 million yuan in trading [1]. - Notable stocks such as Jihua Group, Great Wall Industry, and Qiyi Er achieved significant gains, with Great Wall Industry hitting a record of five consecutive trading limits [3]. - Conversely, Western Materials fell by 7.63%, leading the decline, while major stocks like AVIC Chengfei, AVIC Shenyang, and AVIC Xi'an also experienced declines [3]. Investment Sentiment - Recent inflows into the defense military ETF (512810) have been substantial, with net purchases exceeding 160 million yuan over the past ten days, pushing the fund's size to a historical high of over 1 billion yuan [1][5]. - The rapid increase in financing balance for the ETF, reaching 33.8 million yuan, indicates heightened market activity and potential volatility [3]. Long-term Outlook - The "14th Five-Year Plan" is nearing its conclusion, and upcoming events like the 93rd National Day military parade are expected to positively influence the defense military sector [5]. - The core driving force for the defense military industry is the strategic goal of building a world-class military, which is expected to lead to a new era of growth and value in the sector, moving away from purely event-driven cycles [5]. - The defense military ETF (512810) encompasses various emerging themes such as commercial aerospace, low-altitude economy, large aircraft, deep-sea technology, military AI, and controllable nuclear fusion, making it an efficient tool for investing in core defense military assets [5].