On March 6, the aerospace sector showed signs of recovery during early trading. The General Aviation ETF Huabao (159231), which provides exposure to commercial aerospace, satellite navigation, the low-altitude economy, and large aircraft, saw its price rise by 1.43% after opening. The fund recorded a net subscription of 3 million units during the session.
The uptick follows news that on March 5, the U.S. Senate Committee on Commerce, Science, and Transportation passed the 2026 NASA Authorization Act in a brief meeting. The legislation outlines NASA's space strategy for the next two years, focusing on adjustments to the Artemis lunar program, an extension of the International Space Station, and enhanced support for commercial spaceflight and supply chain security.
Industry experts view the cultivation and expansion of commercial aerospace as a strategic priority in global competition. According to statistics, China conducted eight space launch missions in January. Notably, the Long March 12B carrier rocket successfully completed a static firing test, while the Lihong-1 Yao-1 vehicle finished a suborbital flight. China has also applied to the International Telecommunication Union (ITU) for frequency and orbital resources for over 200,000 satellites. Reports indicate that by 2026, China's annual launch count is expected to exceed 100, with commercial launches accounting for more than 60 of them.
The General Aviation ETF Huabao (159231) and its feeder funds (Class A: 024766; Class C: 024767) track an index comprising 50 aerospace stocks. The portfolio covers popular segments such as the low-altitude economy, commercial aerospace, satellite navigation, large aircraft, unmanned aerial vehicles, and military aircraft. Specifically, the fund has over 88% exposure to the low-altitude economy theme, more than 65% to commercial aerospace, and over 47% to satellite navigation, making it a comprehensive tool for investing in China's aerospace industry chain. (Data as of March 2, 2026)
Data source: Shanghai and Shenzhen Stock Exchanges.
Fee structure: The General Aviation ETF does not charge a sales service fee. Subscription and redemption agents may charge a commission of up to 0.5%. Trading fees for on-exchange transactions are subject to securities firms' policies. For the General Aviation ETF Huabao Feeder Fund Class A, subscription fees are: over 2 million RMB - 1,000 RMB per transaction; 1-2 million RMB - 0.6%; below 1 million RMB - 1%. Redemption fees are: within 7 days - 1.5%; after 7 days - 0%. No sales service fee is charged. For Class C, redemption fees are: within 7 days - 1.5%; after 7 days - 0%, with an annual management fee of 0.25%.
Risk disclosure: The General Aviation ETF Huabao passively tracks the China Securities General Aviation Industry Index. The index has a base date of June 29, 2012, and was published on December 28, 2012. The composition of the index's constituents is adjusted according to its methodology. Past performance of the index does not guarantee future results. The mention of individual stocks in this article is for illustrative purposes only and should not be considered investment advice or an indication of the fund manager's holdings or trading activities. The fund manager has rated this fund as R3 - medium risk, suitable for balanced (C3) and higher risk-tolerance investors. Suitability assessments should be confirmed with sales institutions. All information provided (including but not limited to stocks, commentary, forecasts, charts, indicators, theories, and any other form of expression) is for reference only. Investors are responsible for their own investment decisions. The views, analysis, and projections in this article do not constitute investment advice, and no liability is accepted for any direct or indirect losses resulting from the use of this content. Fund investments carry risks. Past performance does not indicate future returns, and the performance of other funds managed by the fund manager does not guarantee this fund's results. Investors should exercise caution.
A golden cross signal has formed in the MACD indicator, indicating positive momentum for certain stocks.