Changes in Hong Kong stocks | Asia Pacific Satellite (01045) rose nearly 8%. The company is a subsidiary of China Satcom Holdings and currently operates multiple satellites such as Asia Pacific 5C

The Zhitong Finance App learned that Asia Pacific Satellite (01045) rose by nearly 8%, with a cumulative increase of nearly 30% over the past five trading days. As of press release, it rose 6.25% to HK$2.55, with a turnover of HK$137.403 million.

According to public information, Asia Pacific Satellite is a holding subsidiary of China Satellite Communications Group Co., Ltd. Asia Pacific Satellite Group currently operates the Asia Pacific 5C, Asia Pacific 6C, Asia Pacific 7, and Asia Pacific 9 satellites, as well as the Asia Pacific 6D satellite and the Asia Pacific 6E satellite through joint ventures. The Asia-Pacific satellite system covers about 75% of the world's population, such as Asia, Europe, Africa and Oceania, and provides high-quality satellite transponders, satellite communication and satellite television broadcast transmission services for broadcast and telecommunications customers.

Hualong Securities released a research report saying that in the 2025 government work report, for the first time, commercial aerospace takes the direction of “safe and healthy development” and emphasizes technological breakthroughs and large-scale applications, marking that commercial aerospace has officially entered a new stage of large-scale application. China's low-orbit satellite Internet construction is also accelerating. As technology continues to mature and the market continues to expand, domestic low-orbit communication satellite launches are expected to explode in 2026. As China accelerates its seizure of space orbit, a valuable non-renewable resource, and promotes the deployment of low-orbit constellation projects such as the “State Grid Constellation” and “Thousand Sails Constellation,” the low-orbit satellite market is expected to exceed 100 billion or even 150-200 billion yuan by 2030.