Chinese J-10C Boosts Chengdu Aerospace Stocks by 40%

The Chinese J-10C fighter jet made headlines this month when it was used in combat for the first time by the Pakistan Air Force. This high-profile debut not only captured global attention but also triggered a sharp surge in the stock price of Chengdu Aircraft Corporation, the jet’s manufacturer. In just three days, Chengdu’s stock jumped over 40%, highlighting the jet’s battlefield success and its growing appeal in global arms markets.

The J-10C: A Modern Multirole Fighter

Developed by Chengdu Aircraft Corporation, the J-10C nicknamed the “Vigorous Dragon” is a 4.5-generation multirole fighter aircraft. Designed to rival Western jets like the F-16 and the Rafale, the J-10C features a canard-delta wing design, fly-by-wire controls, and stealth-adaptive materials. It is powered by the Chinese-made WS-10B engine, which replaces earlier Russian AL-31FN engines, enhancing China’s defense autonomy.

Cutting-Edge Avionics and Weapons Systems

What sets the J-10C apart is its state-of-the-art avionics. At its core is an Active Electronically Scanned Array (AESA) radar that allows it to track multiple targets even under heavy electronic warfare conditions. The jet also carries the PL-15 long-range air-to-air missile, believed to outrange most Western missiles, and the PL-10 for close-range engagements. Together, these weapons make it a formidable platform for modern aerial combat.

Combat Performance Shakes Global Perceptions

During the engagement on May 7, 2025, Pakistani J-10C fighters reportedly downed multiple Indian aircraft, including at least one French-made Rafale. While the exact details remain classified, U.S. intelligence sources confirmed with “high confidence” that the J-10C was responsible for two kills. The event dramatically enhanced the jet’s reputation and signaled a shift in the air power balance in South Asia.

Financial Markets React Swiftly

Following the combat success, Chengdu Aircraft Corporation’s stock price soared from 59.23 yuan on May 6 to 88.88 yuan by May 9, as reported by Investing.com. This 50% rise in just three days underscores investor confidence in China’s ability to produce and sell high-performance combat aircraft. In contrast, Dassault Aviation the manufacturer of the Rafale saw its stock dip by over 5%.

A Game-Changer for China’s Defense Exports

The J-10C’s battlefield validation could open the floodgates for more export deals. Already, countries like Egypt, Algeria, and Saudi Arabia are reportedly in talks with China to acquire the jet. With a price tag of $40–50 million, the J-10C presents a more affordable alternative to Western fighters like the $100 million Rafale or the $90 million F-35.

Pakistan’s Strategic Bet on Chinese Technology

Pakistan, a long-time buyer of Chinese arms, began receiving J-10C units in 2022. This recent combat debut validates Islamabad’s decision to shift toward Chinese hardware. With over 80% of its military gear sourced from China, Pakistan serves as both a strategic partner and a live showcase for Beijing’s military tech.

The Future of the J-10C

While the J-10C lacks true stealth and has only one engine unlike twin-engine Western fighters it remains an agile and capable platform. China is expected to continue upgrading the jet, potentially integrating more powerful engines, stealthier designs, and support for unmanned wingman drones. These developments could help the J-10C stay competitive in an increasingly high-tech battlefield.

Also read this: China Showcases Robotic Production Of PL-15E Missiles

The J-10C’s combat success marks a pivotal moment for China’s defense industry. Not only did it validate decades of investment in indigenous technology, but it also elevated Chengdu Aircraft Corporation’s status as a major player in the global arms market. As demand grows for cost-effective, combat-proven fighters, the J-10C may well become a cornerstone of China’s international defense exports.

Keep connected with us at Facebook, Twitter, YouTube, Instagram & TikTok for latest defense happening around the globe.