STOCKS | China’s Commercial Spaceflight Shares Rise After Reported Oversubscription for SpaceX IPO

China’s A-share commercial spaceflight sector rebounded, with several related stocks posting gains. According to Jin10, Chuangyuan Xinke rose more than 18%, while Shenjian Co. hit its daily limit-up. Nengke Technology, Qifeng Precision, Zhongtian Rocket, and Huati Technology also advanced. The move followed news that subscription orders for SpaceX’s first initial public offering had exceeded the number of shares available for issuance.