GreatWall Military(SH:601606) Xin Lang Ji Jin·2025-11-17 11:43Core Viewpoint - The defense and military industry is experiencing significant activity due to escalating geopolitical tensions, with the defense military ETF (512810) showing strong performance and attracting substantial investment [1][5]. Market Performance - The defense military ETF (512810) opened over 2% higher and closed with a gain of 1.33%, outperforming the broader market [1]. - The ETF traded at a premium throughout the day, indicating strong buying interest, with nearly 90 million yuan invested in the previous 10 days [1]. - The ETF recorded a trading volume of 99.74 million yuan, a more than 113% increase compared to the previous period, reflecting a significant bullish sentiment [3]. Geopolitical Influence - Recent provocative statements from Japan and ongoing conflicts, such as the Russia-Ukraine war, have heightened geopolitical uncertainties, potentially increasing international military trade demand [5]. - Analysts suggest that the defense and military sector may see sustained growth due to these geopolitical factors, alongside the gradual realization of related orders in the fourth quarter [5]. Industry Outlook - The defense and military industry is expected to benefit from geopolitical risks, technological advancements, and policy support, with potential for high-end weapon exports and a revaluation of core assets [5]. - A report from CITIC Securities indicates a transformation in China's defense industry from "cyclical growth" to "comprehensive growth," driven by domestic demand, foreign trade expansion, and civilian contributions [5]. Investment Strategy - The defense military ETF (512810) is highlighted as an efficient investment tool for accessing core assets in the defense sector, covering various themes such as commercial aerospace, low-altitude economy, controlled nuclear fusion, large aircraft, deep-sea technology, and military AI [5].