军工ETF（512660）飘红，机构聚焦商业航天与十五五规划机遇

Group 1 - The commercial aerospace sector is experiencing significant catalysts, with the 2025 Satellite Internet Industry Ecosystem Conference scheduled in Shanghai on December 4-5, and the successful launch of 14 low-orbit satellites on December 6 [1] - Global leader SpaceX is initiating a new round of financing and aims for an IPO next year, indicating strong market interest and potential growth in the sector [1] - The successful test of the Zhuque-3 Yao-1 rocket, despite the failure of first-stage recovery, has completed the full process of testing-launch-flight, laying the groundwork for future reuse and iteration [1] Group 2 - Breakthroughs in reusable rockets are expected to significantly reduce launch costs, facilitating the deployment and commercialization of low-orbit satellite constellations, shifting the industry logic from "scarcity of capacity" to "scale application" [1] - The demand for military and aerospace products is projected to grow substantially in 2026-2027, driven by multiple catalysts including the 14th Five-Year Plan, the centenary of the military, and military trade development [1] - The military ETF (512660) tracks the CSI Military Industry Index (399967), which selects the top ten military groups and representative companies in the military sector from the Shanghai and Shenzhen markets to reflect the overall performance of military-themed stocks [1]