Mei Ri Jing Ji Xin Wen·2025-11-19 04:57Group 1 - The aerospace ETF (159227) rose by 1.1% with a transaction volume of 0.81 billion yuan, leading its category. Key stocks such as Yaguang Technology and Aerospace Development hit the daily limit, while Guoke Military Industry, Tianhe Defense, and Great Wall Military Industry also saw gains exceeding 3% [1] - The 27th China International High-tech Achievements Fair concluded in Shenzhen on November 16, showcasing significant interest in the aerospace industry. The event highlighted the collaboration between national key projects and specialized innovative enterprises, demonstrating the "Aerospace+" integration and innovation momentum [1] - CITIC Securities believes that China's military industry has evolved from a model reliant on domestic demand to a new development pattern driven by three forces: "domestic demand foundation, foreign trade expansion, and civilian support." This shift is fundamentally reshaping the landscape and boundaries of China's military industry, transitioning from "cyclical growth" to "comprehensive growth" [1] Group 2 - The aerospace ETF (159227) tracks the Guozheng Aerospace Index, with a high concentration of 98.2% in the first-level military industry, making it the highest "military purity" index in the market. It is deeply invested in the aerospace industry chain [1] - The constituent stocks are selected from leading companies in the military sector, covering emerging fields such as large aircraft manufacturing, low-altitude economy, and commercial aerospace, aligning closely with the direction of new productive forces development [1]