阅兵倒计时，新型装备集中亮相，军工板块重心继续上移

Group 1 - The A-share market indices collectively rose on August 27, with strong performances in the electronics, computer, and communication sectors, while the defense and military industry experienced a pullback [1] - The upcoming military parade is expected to enhance market sentiment towards the military industry, showcasing domestically produced main battle equipment, including new fighter jets and advanced weaponry [1] - Zhonghang Securities indicated that market risk appetite remains high, with significant expectations for fundamental improvements and frequent geopolitical stimuli, supporting the upward movement of the military sector [1] Group 2 - The Guozheng Aerospace Index outperformed other military-related indices, achieving a return of 62.45% from August 26, 2024, to August 26, 2025, surpassing the Zhongzheng National Defense Index (53.81%), Zhongzheng Military Industry Index (56.03%), and Military Leaders Index (44.26%) [2] - The Aviation and Aerospace ETF (159227) is the largest in the market, tracking the Guozheng Aerospace Index, with a high concentration of military-related stocks, covering the entire industry chain from fighter jets to missiles and satellites [1]