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SHA:601698 5 November 2025 - 11 July 2026

China’s Reusable Rocket Lifts Two Satellite Stocks by $3.3 Billion Ahead of Next Launch

China’s Reusable Rocket Lifts Two Satellite Stocks by $3.3 Billion Ahead of Next Launch

Shares of China Spacesat and China Satellite Communications surged to their 10% daily trading limits on Friday after China completed its first controlled recovery of an orbital-class rocket first stage. Closing data shows the rally added about 22.3 billion yuan to both companies’ combined market capitalization in one day. The actual rocket was developed by the China Academy of Launch Vehicle Technology, part of state-owned CASC, not by the two listed companies.
Space Junk Scare: China Delays Shenzhou‑20 Return After Suspected Debris Strike — What It Means for Astronaut Safety, Markets and the Space Race

Space Junk Scare: China Delays Shenzhou‑20 Return After Suspected Debris Strike — What It Means for Astronaut Safety, Markets and the Space Race

China’s Manned Space Agency said Shenzhou‑20’s return, originally scheduled for Wednesday, Nov. 5, is postponed after the spacecraft was “possibly hit by tiny bits of space debris.” An impact analysis and risk assessment are in progress; no revised landing time has been announced. Reuters
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