Don't mess with China defence company

China Aerospace Science and Technology Corp The major contractor for China's space programme. Total profit of 7 billion yuan on revenue of 70 billion yuan in 2009. Has eight listed companies, including China Spacesat Co Ltd and Shanghai Aerospace Automobile Electromechanical Co Ltd.

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Let's see if the price will break out 0.49 soon. This is a strong resistance that it has failed to break out on several attempts.