Chinese defense stocks face wild swings amid arms export speculation

Chinese defense stocks face wild swings amid arms export speculation Chinese defense stocks face wild swings amid arms export speculation

SHANGHAI — China’s defense stocks are fluctuating wildly amid reports of growing interest in the country’s milit equipment from Asian neighbors.

Shanghai-listed shares of AVIC Shenyang Aircraft, the maker of J-35A fighter jets, fell 3.2% on Tuesday after jumping 9.3% on Monday. The surge had been in response to Pakistan’s reported plans to purchase J-35As last week. The fifth-generation stealth fighter flew at China’s biggest aviation expo in the southern city of Zhuhai in November.