BUSINESSJul 21 · 05:00 UTCSCMP CHINADaisy Wu

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

A decline in SpaceX and U.S. tech valuations is unlikely to cause significant selling in Hong Kong equities, as analysts highlight distinct business models and lower valuations for local tech firms. Analysts, including Hong Kong Institute of Financial Analysts chairman Kenny Tang Sing-hing, suggest Hong Kong's market remains insulated from overseas tech sector pressures.

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SpaceXorganizationHong Kong Institute of Financial AnalystsorganizationKenny Tang Sing-hingpersonHong Kong tech firmstopicU.S. tech heavyweightstopic

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