商业航天热度持续攀升，通用航空ETF基金(561660)涨超5%

Core Viewpoint - The general aviation theme index in China is experiencing significant growth, with a strong performance from constituent stocks and an optimistic outlook for the commercial space industry in 2026 [1][2]. Group 1: Market Performance - As of January 6, 2026, the China General Aviation Theme Index (931855) rose by 4.62%, with notable increases in constituent stocks such as Huace Navigation (300627) up by 13.58%, Aerospace Electronics (600879) up by 10.02%, and Beidou Star (002151) up by 10.01% [1]. - The General Aviation ETF (561660) increased by 5.17%, marking its third consecutive rise, with the latest price reported at 1.34 yuan [1]. Group 2: Industry Developments - The year 2026 is anticipated to be a significant year for China's commercial space sector, with multiple rocket launches expected, including the first flight of a 5-meter diameter reusable rocket and the Long March 10甲 rocket preparing for its first orbital flight [1]. - Several medium to large commercial rockets, such as Tianlong 3, Gushenxing 2, and others, are poised for their inaugural launches in 2026 [1]. - The IPO process for commercial space companies is accelerating, with at least 10 companies currently initiating their IPOs [1]. Group 3: Market Sentiment - Zhongyin Securities believes that the commercial space theme is entering a "warming" phase, supported by improved top-level design and new policy backing, which clarifies the development blueprint for the industry and enhances market confidence in its long-term growth [1]. - The trading activity in the General Aviation ETF was robust, with a turnover rate of 24.55% and a transaction volume of 16.62 million yuan, indicating active market participation [1].