🟢 EH soars 6% as China's new Civil Aviation Law boosts low-altitude economy outlook and buyback program fuels investor confidence

EH is trading 6% up at $6.94 as the revised Civil Aviation Law in China, effective July 1, 2026, formally recognizes the low-altitude economy, bolstering long-term growth prospects for the air taxi sector.

• Investor confidence is further supported by the recently approved $30 million share repurchase program announced on June 8, 2026.
• The company continues to advance regulatory and operational progress, including its involvement in Hong Kong’s low-altitude economy initiatives and past successful pilotless passenger flights in the Middle East.
• EHang reported mixed Q1 2026 financial results on June 9, 2026, which included a revenue miss but an EPS beat.