Shares of China’s Chengdu Aerospace Corporation have surged following the Pakistan Air Force’s successful downing of five Indian Air Force fighter jets, including three Rafales—some of which were reportedly targeted by Pakistan’s J-10C multirole fighter jets.
The Chengdu-based manufacturer, a key supplier to Pakistan’s air fleet, is gaining renewed attention in the global defense market as its J-10C aircraft demonstrate battlefield effectiveness amid rising regional tensions.
Pakistan’s swift and precise aerial response to Indian incursions has drawn widespread international scrutiny, with defense analysts highlighting the performance of Chinese-made platforms. The incident has significantly boosted investor confidence in China’s military-industrial capabilities, reflected in Chengdu Aerospace’s stock rally.
Experts suggest that the Pakistan Air Force’s operational success has not only blunted Indian military objectives but also enhanced the global standing of Chinese defense technology, particularly in the competitive fighter jet segment.
The J-10C, already under consideration by several foreign buyers, is now expected to see increased demand due to its recent high-profile performance.
Meanwhile, India is facing growing diplomatic and military pressures following its recent setbacks. Shares of Dassault Aviation, the French manufacturer of the Rafale jets used by the Indian Air Force, have dropped sharply in the wake of the conflict, reflecting investor concerns about the aircraft’s perceived vulnerability and India’s broader strategic posture.
