跌幅扩大！重仓低空经济的通用航空ETF（159231）跌超2%，换手率超21%资金加速流入

Core Viewpoint - The low-altitude economy and military aviation sectors are experiencing significant fluctuations, with the general aviation ETF Huabao (159231) seeing a decline of 2.15% and a high turnover rate of 21%, indicating active trading interest [1] Group 1: Market Performance - The general aviation ETF Huabao (159231) has attracted net inflows of 3.61 million yuan over the past three days, reflecting ongoing investor interest [1] - Key stocks in the sector, such as Lijun Co., Morningstar Aviation, Aileda, and Aerospace Electronics, have seen declines exceeding 4% to 6% [3] Group 2: Industry Developments - The Civil Aviation Administration of China has established a leadership group for general aviation and low-altitude economy to enhance organizational leadership and coordination for industry development [3] - The year 2025 is anticipated to be a pivotal year for the commercialization of low-altitude economy products, with several leading eVTOL companies securing confirmed orders and progressing with deliveries [4] - Overseas eVTOL companies are targeting the dual-use military and civilian market, with a focus on integrating military applications into their business strategies [5] Group 3: Financing Trends - July 2025 marked a peak in financing activities within the low-altitude economy sector, with 35 financing events totaling 2.994 billion yuan, setting records for both the number and amount of financing in a single month [6] - The general aviation ETF Huabao (159231) covers a broad index of 50 constituent stocks, with over 46% from state-owned enterprises and more than 20% from the top ten military industrial groups, focusing on key areas such as low-altitude economy, large aircraft, military aircraft, commercial aerospace, satellite navigation, and drones [6]