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The SpaceX factor: Hong Kong stocks face liquidity test from mega IPO
Hong Kong stocks face a liquidity test amid market enthusiasm driven by SpaceX's historic IPO, which is expected to set a new fundraising record. The listing could also elevate Elon Musk to the first-ever trillionaire, reshaping capital flows and investor strategies.
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Adjacent reporting
- Liquidity drain from SpaceX’s mega listing unlikely to ripple into Hong Kong: JPMorgan
- SpaceX’s whopping US$75 billion IPO sparks liquidity fears as Fed rate-increase odds rise
- Mega-IPOs could signal market top, say analysts as SpaceX and OpenAI prep record floats
- Asian Equities to Rise After US Stocks Hit Record: Markets Wrap
- AI’s mega stock deals raise specter of more shares than buyers