Fighter-Jet Makers a Rare Bright Spot in China's Bear Market

Chinese fighter-jet and engine manufacturers are emerging as a bright spot in a stormy stock market that’s been besieged by a trade feud with the U.S. and a slowing economy. Avic Shenyang Aircraft Co. and AECC Aviation Power Co. may stand out because their largest customer is the Chinese military, whose purchasing decisions have more to do with the nation’s plans for upgrading its air force and less to do with macro-economic fundamentals, analysts say.

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