Chengdu, Pakistan – May 13, 2025 – For the second consecutive day, the shares of Chengdu Aircraft Corporation (CAC), the company behind China’s J-10 fighter jet, have risen by a significant 20%. This follows yesterday’s identical increase, marking a remarkable 60% climb in the company’s stock value over the past week.
This dramatic upward trend is largely attributed to the reported performance of the Pakistan Air Force’s (PAF) J-10C fighter jets during the recent air skirmishes with India. Unconfirmed reports suggest that the J-10C was instrumental in downing Indian aircraft, including Rafale jets.
The perceived success of the J-10C in these engagements has instilled strong confidence among investors regarding CAC’s capabilities and the export potential of its military hardware. Analysts point out that proven combat performance is a crucial factor in the defense industry.
Conversely, Dassault Aviation, the French manufacturer of the Rafale fighter jet, has reportedly seen a decline in its stock value amidst these reports. This highlights the volatile nature of defense stocks, which are often influenced by geopolitical events and the demonstrated effectiveness of their products in conflict situations.
The recent events have drawn considerable attention to China’s defense sector and the capabilities of its advanced aircraft like the J-10. As tensions in the region persist, the performance of military assets will likely remain a key focus for investors and defense observers worldwide.
