AVIC Chengdu Stock Soars as Trump Prepares to Meet Pakistan Army Chief

AVIC Chengdu Shares Climb Ahead of Trump-Pakistan Army Chief Meeting.

Shares of AVIC Chengdu Aircraft Co., the Chinese manufacturer of J-10 fighter jets, jumped nearly 10% during intraday trading on Wednesday ahead of an anticipated meeting between former U.S. President Donald Trump and Pakistan’s Army Chief, General Asim Munir.

The stock opened at CNY 85.48 and surged to an intraday high of CNY 93.88 before settling at CNY 88.93—up 4.14% at the time of reporting. Over the past five sessions, AVIC Chengdu has gained 12%.

The Trump-Munir meeting comes in the wake of rising geopolitical tensions following India’s military response—dubbed Operation Sindoor—to a deadly terrorist attack in Pahalgam, Kashmir, that killed 26 tourists. The operation reignited concerns about regional stability.

Defense Stocks React to India-Pakistan Tensions
AVIC Chengdu, a key player in China’s defense sector, saw its stock rally sharply after the April 30 Pahalgam attack. Between April 30 and May 12, shares soared from CNY 58.75 to CNY 95.86—an increase of 64%—as investors anticipated increased military demand from Pakistan, which reportedly deployed J-10 jets during the border flare-up.

The stock later lost ground, declining over 17%, as tensions cooled and political narratives shifted. Prime Minister Narendra Modi’s public denial of Pakistani claims that Chinese-made jets were involved in striking India’s Adampur airbase contributed to easing investor speculation.

Still, renewed diplomatic and military interactions—such as Munir’s first formal meeting with Trump—appear to have reignited market interest in defense-related equities.