Share prices of Dassault Aviation in France fell, while the share price of AVIC Chengfei surged by 20%. The incident of J-10CE shooting down Rafale fighter jets began to gain attention.
The Indian military used Rafale fighters to launch a surprise attack on Pakistan, but encountered tenacious resistance from Pakistan, ultimately leading to a complete defeat for India with three Rafale fighters shot down. Previously, there was an aerial standoff between Indian Rafales and Pakistani J-10Cs, with the Indian Rafale being locked onto and forced to retreat. The loss of three Rafale fighters dealt a severe blow to the Rafale myth. India had high hopes for the Rafale fighters, which cost as much as $155 million each, while the price of Pakistan's J-10Cs was only $56 million each.
Although the Indian Rafales were equipped with the "Spectrum" electronic warfare system, their digital jamming capability was only one-third that of the J-10CE. The huge investment in purchasing Rafale fighters was exposed during a single battle, severely damaging the image of the Rafale fighter. It is reported that the stock of Dassault Aviation, which owns the Rafale fighters, began to fall. In contrast, our J-10C has become a legend with one victory. The J-10C completely suppressed the Indian Rafale in actual combat, remotely locking and destroying the Rafale, demonstrating strong suppression capabilities.
The price of the J-10C is clearly lower than that of the Rafale, yet its combat effectiveness completely crushes the Rafale, greatly enhancing its reputation. Before this battle, many countries such as Egypt, Iran, Saudi Arabia, Qatar, and the UAE had intentions to purchase the J-10C. After this battle, the competitiveness of the J-10C will undoubtedly increase significantly. The share price of AVIC Chengfei surged by 20%, reaching the daily limit! This indicates that the market generally has a positive outlook on our J-10C fighter jets, and this fighter jet may smoothly open up the international market in the next step.
India-Pakistan conflict reignites
Original article: https://www.toutiao.com/article/1831445739297924/
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