The aerospace sector has been popular in Chinese mainland stock markets. Data shows, among 38 listed companies running aerospace and military-related business, 25 of them saw net profit growth in the first three quarters of this year.
14 companies' net profits are expected to jump 50 percent from a year ago. /Dongxing Securities said the successful launch of the Tiangong 2 space laboratory and the following construction of a space station will continue to support the aerospace sector in the markets. It also predicted that investment in this sector will stay very high during China's thirteenth "five-year plan", which runs to 2020.
Pacific Securities said that China Aerospace Science and Technology Cooperation will take 20 missions each year on average. It suggests that investors can keep a close eye on its affiliated companies.