Ge Long Hui A P P·2025-10-24 04:02Core Viewpoint - The introduction of "aerospace power" in the 14th Five-Year Plan highlights the importance of aerospace technology development, which is crucial for leading technological innovation and building an innovative nation [2]. Group 1: Market Reaction - The Tianhong Aerospace ETF (159241) surged by 2.37%, with significant net subscriptions during the trading session, reflecting strong investor interest in the aerospace sector [1]. - The commercial aerospace concept stocks experienced a rally, with China Satellite hitting the daily limit, and Zhenhua Guangfeng and Changcheng Military Industry rising over 5% [1]. Group 2: ETF Characteristics - The Tianhong Aerospace ETF tracks an index that covers aerospace equipment, military electronics, and other sub-sectors, with a combined weight of over 68% in "aerospace equipment + military equipment" [2]. - This ETF is noted for having the highest military content in the market and aligns well with popular themes such as low-altitude economy, large aircraft, and satellite internet [2]. - Despite a cumulative decline of over 6% from October 14 to October 23, there has been a firm decision by investors to increase their positions in this ETF [2].