Shares of China’s Chengdu Aerospace Corporation have surged following Pakistan’s recent downing of five Indian Air Force fighter jets. The company, known for its advanced J-10C fighter jets that are vital to the Pakistan Air Force, is gaining renewed attention in the global defense market.

In response to Indian aggression, Pakistan successfully shot down five Indian aircraft, including three Rafales, with some targeted by the J-10C jets.

This impressive military display has attracted international focus on China’s defense sector, significantly boosting the company’s stock performance.

Analysts indicate that the success of the Pakistan Air Force not only thwarted Indian military efforts but also bolstered the global reputation of Chinese defense technology.

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The J-10C jets, already drawing interest from multiple countries, are anticipated to see increased global demand.

In contrast, India is facing considerable diplomatic and military challenges as a result of this setback.

Shares of Dassault, the manufacturer of the Rafale jets, have sharply declined due to India’s recent military failures.