Chinese J-10C surges Chengdu stock price by 40 percent in days
On a tense night earlier this month, China’s Chengdu J-10C fighter jet, operated by the Pakistan Air Force, made its first-ever appearance in combat, marking a pivotal moment for the aircraft and its manufacturer, Chengdu Aircraft Corporation.
The jet’s performance in a brief but high-stakes aerial engagement sent shockwaves through global defense markets, propelling the company’s stock price upward by more than 40% in just days.
This dramatic rise, reported by financial outlets like Bloomberg and GuruFocus, underscores a timeless truth in the defense industry: nothing advertises a weapon’s worth like success in real-world combat.