Chinese Defense Companies Soar as Pakistan Touts Arms Purchase
- On June 6, Pakistan announced via social media its intention to acquire 40 Chinese J-35 stealth fighters, KJ-500 early warning aircraft, and HQ-19 missile defence systems.
- This announcement followed increased India-Pakistan tensions that began in early May, including airstrikes and reports of Pakistan’s J-10C jets downing six Indian aircraft.
- Central to the agreement is a fifth-generation stealth fighter jet created by Shenyang Aircraft Corporation, which was publicly revealed at the 2024 Zhuhai Airshow and offers enhanced long-range strike capabilities.
- Following the announcement, AVIC Shenyang’s shares surged over 16% in seven sessions, hitting the 10% daily limit for three consecutive days, while Aerospace Nanhu Electronic rose as much as 15%.
- If finalized, this would represent China’s first export of a fifth-generation stealth fighter, potentially altering regional air power amid ongoing India-Pakistan conflict.
18 Articles
18 Articles
What Does Pakistan's Use of a New Chinese Fighter Jet Mean for the Future?
Pakistan and India traded cross-border military strikes in May, a four day flare-up in a long running conflict between the two nuclear-armed countries. Among the significant developments in the brief conflict was the first time a Chinese made fighter plane saw combat. Our correspondent in Mumbai says that debut might have a long term impact. Article Attribution | Read More at Article Source The post What Does Pakistan’s Use of a New Chinese Figh…
Chinese defence stocks soar as Pakistan eyes major weapons deal: report
Shares for maker of China's J-35 jet jump by their daily 10% limit.Positive sentiment also results in substantial gains for other key players.China's defence shares rising since Pakistan-India military confrontation.Chinese defence...
Shares of Chinese arms makers surge: Pakistan plans to buy J-35 jets, KJ-500 aircraft, HQ-19 missiles, says report
Shares of Chinese defence companies rallied on 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, according to...
Pakistan’s unverified claims & move to buy J-35 5th-gen jets see Chinese maker’s shares soar high
Pakistan’s government said Friday on social media that it intends to acquire 40 J-35 fighters, KJ-500 airborne early warning and control aircraft, and HQ-19 ballistic missile defence systems.
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