
Faseeh Mangi, Bloomberg, Pakistan Bureau Chief
June 9, 2025 at 07:24 AM
*Chinese Defense Companies Soar as Pakistan Touts Arms Purchase*
Shares of Chinese defense companies rallied Monday, after Pakistan said it intends to buy one of the Asian power’s most-advanced fighter jets as a part of major arms purchase.
Pakistan said on Friday that it would acquire 40 J-35 fifth-generation fighter jets, KJ-500 airborne early warning and control aircraft, as well as HQ-19 ballistic missile defense systems
Shares of AVIC Shenyang Aircraft Company — the maker of China’s J-35 stealth fighter jet, which is the centerpiece of the package — soared by their 10% daily limit in Shanghai. The stock led a rally across other defense names such as Aerospace Nanhu Electronic Information Technology Co., whose shares jumped as much as 15%.
The J-35 sale to Pakistan would mark China’s first export of the fifth-generation jet, which has advanced stealth capabilities for penetrating the airspace of an adversary.
https://www.bloomberg.com/news/articles/2025-06-09/chinese-defense-companies-soar-as-pakistan-touts-arms-purchase?sref=8HTMF4ka