Chinese fighter-jet maker Avic Chengdu stock tumbles nearly 25% in 5 sessions, here’s why

Avic Chengdu shares slumped nearly 25% in five sessions, even as the firm remains China’s largest defence company by market value. The decline coincided with Beijing’s military parade, drawing global attention. Despite the fall, the stock remains up year-to-date, while broader defence indices and peers like Zhuzhou Hongda also weakened.