It’s still rumors.
I bought some CAC stocks when Trump started hyping up tariffs on China in April, anticipating market favoring of military stocks amid the US-China tension.
I was surprised to see CAC reaching the market hard cap of +20% daily growth today. And Dassault’s stock fell.
I’m just a amateur with no better information than anyone else.
But apparently some people in the financial circle had enough information to decide throwing real money to shoot up the price of the CAC stock. So I’m more inclined to believe this rumor as true.
Let’s wait and see. If Chinese military equipment really are coming out as the winners of this Indian-Pakistani border conflict, the stocks of other Chinese military companies will grow too, for the better international sales prospect. News may lie, money doesn’t as much.
Some images are already starting to come out. Can someone confirm that there have been Rafael lost to routine training, to rule out that this one was shot down by Pakistan in combat?
One of the downed jets.
When the jet was still alive.
Fragment of the PL-15 missile’s AESA radar was found too. This was probably one of the missiles that downed an Indian jet.
If the above pictures Indians posted online are true, then we can already establish that there was at least one Indian Rafael downed and at least one Pakistani PL-15 missile fired.
