大国重器9·3亮剑！“阅兵牛”狂奔在即？揭秘国防军工多重爆点！

Core Viewpoint - The upcoming military parade is expected to drive a bullish trend in the defense and military industry, with historical data indicating that the sector typically outperforms the broader market before and after significant parades [1][2]. Summary by Sections Historical Performance - Historical data shows that prior to the 2015 military parade, the China Securities Military Index saw a maximum increase of 47% from July to August [1]. - In the lead-up to the 2019 military parade, the index recorded a maximum increase of 16% from August to September [2]. Current Market Trends - The defense and military ETF (512810) has experienced significant upward momentum, with nearly 20% cumulative growth since the beginning of the year and 8 out of the last 9 weeks showing gains [2]. - Recent trading activity has set multiple historical records, including a peak trading volume and a record high in financing balance [2]. Market Volatility - The sector has seen increased volatility due to profit-taking by investors after prior gains and a surge in leveraged funds entering the market [6]. - Despite the volatility, the ETF has maintained strong trading interest, with daily transaction volumes exceeding 100 million yuan for eight consecutive days [7]. Future Outlook - The defense and military sector is anticipated to benefit from multiple catalysts, including policy support, a surge in military trade, and advancements in AI applications [8]. - The upcoming military parade is expected to showcase new equipment and technologies, which could further enhance investor interest [8][9]. - The "14th Five-Year Plan" and the initiation of the "15th Five-Year Plan" are expected to create a favorable environment for the military industry, with projected growth in contract liabilities and inventory levels [10]. Investment Opportunities - The ETF (512810) is positioned to capture both traditional military assets and emerging sectors such as commercial aerospace and military AI, making it an efficient investment vehicle for the defense sector [10].