Zhuzhou Hongda News - Latest Updates & Headlines

Chinese missile maker's stock tanks over 6 pc after India destroys its air weapon

New Delhi, May 13: The shares of Zhuzhou Hongda Electronics Corp Ltd, the Chinese defence company that manufactures the PL-15 missile, dropped sharply by 6.42 per cent or 2.56 Yuan to 37.33 Yuan on Tuesday, after India's air defence system successfully intercepted and destroyed the missile during the conflict with Pakistan.