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Stock impact report

A private Chinese firm says it's mass-producing cheap hypersonic missiles that can hit Japan [Business Insider]

Bilibili Inc. - American Depositary Shares (BILI) 
Last bilibili inc. - american depositary shares earnings: 3/17 07:00 pm Check Earnings Report
Screenshot via BiliBili/Space Transportation This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in A Chinese firm is making a new hypersonic missile, a weapon typically made by state-owned giants. It said the YKJ-1000 is low-cost, has a range of up to 800 miles, and can reach speeds of Mach 7. Space Transportation released an animation of the missile targeting Japan as cross-border tensions flare. A Beijing-based private firm said on Tuesday that it's making hypersonic missiles capable of reaching Mach 7, marking a rare instance of such weapons being made available by the commercial sector in China. Lingkong Tianxing, or Space Transportation, debuted its missile, the Yukong Ji-1000, in an announcement video on its social media platforms. The promotional video shows a test launch of the missile in a desert, with Space Transportation saying the Yukong Ji-1000, or YKJ-1000, has a range of abo Show less Read more
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