Global investors remain in China’s orbit despite SpaceX blockbuster IPO: HKEX chief

Wait 5 sec.

Global investors remain committed to Chinese technology companies despite concerns that SpaceX’s record-breaking initial public offering (IPO) could drain liquidity from Asian markets, according to Hong Kong Exchanges and Clearing (HKEX) CEO Bonnie Chan Yiting.Speaking at the Lujiazui Forum in Shanghai on Wednesday, Chan said international institutions continued to view Asia – and China in particular – as a priority investment destination even after Elon Musk’s commercial space company raised a...