Changes in Hong Kong stocks | Asia Pacific Satellite (01045) rose more than 12% in the past two weeks, and nearly 40% of the company is a subsidiary of China Satellite Communications Holdings

The Zhitong Finance App learned that Asia Pacific Satellite (01045) has increased by more than 12%, and the cumulative increase in the past two weeks is close to 40%. As of press release, it rose 10.8% to HK$2.77, with a turnover of HK$16.0824 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.

China Post Securities said that the commercial aerospace sector is facing development opportunities. Upstream and downstream enterprises in the industry chain are worth paying attention to, including satellite manufacturing, ground equipment and data processing. Relevant technological progress and policy support drive the continuous growth of the industry. Space computing power also has long-term development potential as an emerging field. As the commercialization process of aerospace technology accelerates, related enterprises are expected to achieve breakthroughs in satellite internet and remote sensing applications, and the industrial ecology is improving, and the market size is expected to continue to expand.