In recent years, with continuous breakthroughs in satellite communication technology and continuous optimization of the policy environment, the satellite Internet industry is ushering in unprecedented development opportunities and becoming a new economic trend.

Since the National Development and Reform Commission included satellite Internet in the scope of 'new infrastructure' information infrastructure in 2020, a number of planning documents have been successively issued, clearly proposing goals such as accelerating the deployment of satellite communications and building a global information network. At the beginning of 2024, the "Implementation Opinions on Promoting the Innovative Development of Future Industries" jointly issued by seven departments including the Ministry of Industry and Information Technology made forward-looking arrangements for key technology research such as 6G and satellite Internet, injecting new momentum into the development of satellite Internet.

Technological innovation is the key to driving the development of satellite Internet. In recent years, China has made significant progress in satellite manufacturing, launch, and operation. In November 2023, China successfully launched a technology test satellite for satellite Internet at the Xichang Satellite Launch Center, marking the entry of China's satellite Internet construction into the stage of large-scale deployment.

In addition, the "Thousand Sails Constellation" (also known as "G60 Starlink") plan is also being vigorously promoted, with the goal of deploying 15,000 satellites by the end of 2030 to provide direct mobile phone connection and multi-service integration services, which will greatly enhance China's competitiveness in the global satellite communication field.

With the popularization of mobile Internet and the development of emerging technologies such as the Internet of Things and autonomous driving, the demand for communication services is growing rapidly. Satellite Internet, with its unique advantages, shows great application potential in remote areas, marine operations, emergency communications, and other fields. For example, in mountainous areas and oceans where terrestrial base stations are difficult to cover, satellite Internet can provide stable and reliable communication services; in the event of major disasters, satellite communication can become an important means of emergency communication. In addition, satellite Internet also shows broad application prospects in fields such as aviation and autonomous driving.

In recent years, with the opening up of telecommunication services to private capital and the reform of the access system for satellite Internet services, more and more private enterprises have begun to venture into the satellite Internet field. With their keen market sense and flexible operation mechanisms, these enterprises continue to innovate in satellite manufacturing, launch, operation, and other links, injecting new vitality into the development of the satellite Internet industry.

Commercial aerospace surges again in A-share market

Recently, the commercial aerospace sector in the A-share market has once again seen an explosive rally, becoming the focus of market attention. The start of this rally not only marks the rapid development of China's commercial aerospace industry but also indicates that the aerospace sector will become a new engine of future economic growth.

Since 2024, commercial aerospace has been included in the government work report for the first time, highlighting the country's high attention to this field. Beijing, Shanghai, Hainan, and other places have successively issued special plans to promote the development of commercial aerospace, providing strong policy support for industrial development.

According to data from the China Commercial Industry Research Institute, China's commercial aerospace market size is expected to reach 2.3 trillion yuan in 2024, with a compound annual growth rate of 23.3%. The continuous reinforcement of policies and rapid market growth have laid a solid foundation for the explosion of the A-share commercial aerospace sector.

In the field of commercial aerospace, the landing of a series of major projects has become a key force driving the market explosion. Among them, the "Thousand Sails Constellation" plan, as one of the most exciting projects in China, is expected to hold its first satellite networking launch ceremony in Taiyuan on August 5th.

The plan aims to achieve global network coverage by launching a large number of low-orbit broadband multimedia satellites, providing strong support for direct mobile phone connection and multi-service integration services. In addition, the active exploration and layout of enterprises such as Galaxy Space and Aerospace Base in the field of commercial aerospace have also injected new vitality into the entire industry.

In recent years, domestic enterprises have made significant progress in satellite manufacturing, rocket launch, space resource development, and other fields. For example, Galaxy Space's self-developed "Galaxy Space Lingxi 03 Satellite" successfully ranked on the 2023 "Science and Innovation China" Leading Technology List (Electronic Information Field). This satellite is China's first satellite to use flexible solar wings, and its technological innovation and practicality have reached the international leading level.

In addition, the localization process of core components such as phased array T/R chips is also accelerating, providing a strong guarantee for the independent controllability of the commercial aerospace industry. Driven by both policies and projects, the A-share commercial aerospace sector continues to rise.

On the first trading day of August, the concept stocks of commercial aerospace defied the trend and were active, with multiple stocks hitting the daily limit. Among them, stocks such as Aerosun, Hangxin Technology, and Chunhui Intelligent Control performed particularly outstandingly. Market participants pointed out that with the rapid development of the commercial aerospace industry and continuous policy support, the A-share commercial aerospace sector is expected to continue to rise and become a hot sector in the market.

China's commercial aerospace industry will usher in broader development space. On the one hand, with continuous technological innovation and breakthroughs, competition in the commercial aerospace field will become more intense; on the other hand, with the continuous support of national policies and the growing market demand, the commercial aerospace industry will become a new engine driving high-quality economic development.

CASIC sees 3 daily limits in 5 trading days

Recently, the aerospace technology sector in the A-share market has once again become the focus of market attention, with China Aerospace Science and Industry Corporation (CASIC) shares hitting three daily limits in just five trading days, with a cumulative increase of 49.57%, representing extremely strong market performance.

As a leader in the aerospace field, CASIC's consecutive daily limits not only demonstrate the market's high recognition of the company's future development prospects but also reflect CASIC's strong competitiveness and development potential in the current economic environment.

According to the latest data, CASIC's trading volume reached 83.0952 million shares as of a certain trading day, with a trading volume of 1.118 billion yuan and a turnover rate of 10.41%, indicating strong market interest and attention in the stock. Meanwhile, its total A-share market value and circulating market value both reached 11.151 billion yuan, further consolidating its leading position in the aerospace technology sector.

From a financing perspective, CASIC's margin financing and securities lending balance reached 459 million yuan, with the financing balance accounting for 456 million yuan, an increase of 3.0103 million yuan or 0.66% from the previous trading day, representing a ring-to-ring increase. In the past five days, the financing balance increased by 61.6698 million yuan or 15.63% ring-to-ring, indicating investors' positive expectations and strong confidence in the stock's future performance.

In terms of northbound capital, Shenzhen-Hong Kong Stock Connect latest held 7.0537 million shares of CASIC, an increase of 808,200 shares or 7.17% from the previous day. Although the cumulative shareholding decreased over the past five days, it still shows foreign investors' attention and recognition of the stock overall.

The Dragon and Tiger Rankings data further validates CASIC's strong performance. The stock appeared on the Dragon and Tiger Rankings three times due to its cumulative deviation from the daily limit reaching 20% within three consecutive trading days, daily turnover rate reaching 20%, and daily deviation from the limit reaching 7%. Among the top-ranking securities firms and Shenzhen-Hong Kong Stock Connect, while both institutions and Shenzhen-Hong Kong Stock Connect had some net sales, the total net purchases by securities firms amounted to 73.4792 million yuan, indicating active market fund pursuit of the stock.

CASIC's consecutive daily limits were not accidental. In recent years, with continuous national policy support and rapid development of CASIC, the company has achieved remarkable results in technological research and development and market expansion. At the same time, the company is also actively deploying in the commercial aerospace field to explore new growth points and development opportunities. These efforts have not only laid a solid foundation for the company's future development but also brought substantial returns to investors.

CASIC adheres to the innovation-driven development concept, increasing investment in research and development and market expansion to continuously enhance its competitiveness and market share. Meanwhile, the company will also actively monitor industry trends and market changes, flexibly adjusting business strategies and development directions to address various challenges and opportunities.