Boeing Shares Move Higher Pre-Market after China Confirms 200-Aircraft Deal
China confirms 200-aircraft deal; Boeing shares gain in pre-market.
Shares of Boeing moved higher in pre-market trading after China confirmed an agreement to purchase 200 aircraft from the US planemaker, a development that follows earlier remarks by US President Donald Trump. The stock rose about 0.49% to $216.06, reflecting renewed investor optimism over fresh international demand.
According to China’s Commerce Ministry, the country will proceed with the purchase of 200 Boeing aircraft based on commercial requirements and its civil aviation expansion needs. The ministry said the deal aligns with broader understandings reached between US and Chinese leadership, noting that aviation cooperation remains an important element in bilateral ties between the two countries.
The announcement also confirms earlier statements from Trump, who told Fox News that China had agreed to buy 200 Boeing aircraft. The reported order is being viewed as the most significant Chinese purchase of Boeing jets since 2017, although analysts have noted it remains lower than earlier expectations for a larger fleet expansion.
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Market reaction to the development has been cautiously positive, but Boeing’s broader stock performance has remained relatively muted. The company’s shares have risen just 3.53% over the past year and are down about 3.5% year-to-date, indicating that longer-term investor sentiment has yet to fully recover despite periodic boosts from large order announcements.
A Washington state trade official told CNBC that additional orders from Chinese carriers could follow in the future, citing strong underlying demand and Boeing’s existing production backlog. The official added that the aerospace ecosystem in Washington supports a wide supply chain linked to Boeing’s commercial aircraft production.
Separately, China’s civil aviation authorities recently met Boeing CEO Kelly Ortberg during a visit that also included members of Trump’s delegation. The discussions are seen as part of ongoing efforts to stabilize and expand aviation cooperation between the United States and China, particularly as airlines assess long-term fleet renewal plans.
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