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The Nexus
BUSINESSJul 21 · 05:00 UTCSCMP WORLDDaisy Wu

SpaceX slump fails to dent Hong Kong tech as investors seen pivoting

A decline in SpaceX and valuation pressures on US tech giants are unlikely to cause a major sell-off in Hong Kong equities, as local tech firms operate under distinct business models and avoid the stretched valuations of their overseas counterparts. Analysts, including Kenny Tang Sing-hing, suggest Hong Kong's market remains insulated from these pressures.

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SpaceXorganizationHong Kong Institute of Financial AnalystsorganizationKenny Tang Sing-hingpersonHong KongplaceWall Street tech heavyweightstopicvaluation pressuretopic
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