In the afternoon session, stocks within the commercial aerospace sector experienced a notable surge. China Satcom emerged as a standout performer, achieving five consecutive daily limit - ups within a span of six trading days. This impressive run propelled its total market capitalization beyond the 150 - billion - yuan mark. A host of other stocks also joined the rally, with Tail Stock, Hongying Intelligent, Lianchuang Optoelectronics, and Changjiang Communications all reaching their daily price limits. Feiwuo Technology, in particular, stood out as it hit the 20 - centimeter (a term used in the Chinese stock market to refer to a 20% daily price limit for certain stocks) daily limit during intraday trading.

On the news front, a significant development unfolded on December 26 when the Shanghai Stock Exchange unveiled new regulatory guidelines. These regulations are specifically tailored for the listing of commercial rocket companies on the Science and Technology Innovation Board. Spurred on by a combination of policy incentives and significant advancements in recoverable rocket technology, seven companies, including Landspace, have ramped up their efforts to go public. They are now accelerating their sprint towards Initial Public Offerings (IPOs), aiming to capitalize on this favorable market environment.