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Cirrus Aircraft buffeted by headwinds from US-China tensions

The newly listed maker of private jets is cruising to higher profits, but its stock is languishing around 30% below the IPO price, unable to shake off concerns about U.S. policy risks.

This article only represents the author's own views.

Just two months after leaving the IPO runway, private jet maker Cirrus Aircraft Ltd. (2507.HK) is struggling to pull out of a stock-price dive.

The U.S.-based maker of small aircraft, which went public in Hong Kong in July, has posted buoyant half-year earnings in its first profit report as a listed company. But even with a good report card, Cirrus has been unable to escape market turbulence from U.S. sanctions against corporate China.

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咏竹坊

咏竹坊(官网链接)提供在香港和美国上市的manbetx3.0 企业相关新闻,重点关注中小企业和筹备上市的公司。

Bamboo Works (official website) provides news on Chinese companies listed in Hong Kong and the United States, with a strong focus on mid-cap and also pre-IPO companies.

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