On the morning of August 19, LandSpace’s Zhuque-3 Y2 rocket lifted off from the Dongfeng Commercial Space Innovation Test Area. After deploying its second stage and payload into orbit, the rocket’s first stage touched down softly at a recovery site in Gansu province using deployable landing legs. It was China’s first successful land-based recovery of…
A Jielong-3 carrier rocket carrying two satellites, the Dongfang Huiyan Hyperspectral 01 and 02, lifts off from a launch ship off the coast of Haiyang in eastern China’s Shandong province on August 5, 2026. CN-STR/AFP via Getty Images Shanghai inaugurated its first dedicated space-computing industry hub on Sunday — but the more important story is…
SpaceX (SPCX) stock closed down for the week, falling back to its IPO price as another share unlock hit and new rocket-competition headlines hit the public float. SpaceX shares did rise on Friday, though the stock was over 2% for the week and had dropped below its $135 IPO price. On Thursday, around 319 million…
SpaceX (SPCX) stock is in focus on Wednesday after a Chinese company landed a rocket booster for the first time, just as a new share unlock adds to the pressure. The stock closed down 2.6% after trading lower in the premarket. This comes after SpaceX’s $135 IPO price was recovered on Aug. 10, the first…
SpaceX (SPCX) stock is in focus on Wednesday after a Chinese company landed a rocket booster for the first time, just as a new share unlock adds to the pressure. The stock slipped further overnight but recovered slightly in early trade. This comes after SpaceX’s $135 IPO price was recovered on Aug. 10, the first…
Hong Kong has changed since the turmoil of 2019-20. Few people would dispute this. The more important question is what kind of city it is becoming. It is evolving into a more nationally integrated yet still distinctive city. The emerging model seeks to combine market dynamism and international connectivity with clearer alignment to national development….
Elon Musk’s latest praise for China comes as speculation around a possible Tesla-SpaceX combination puts the automaker’s Shanghai operations under fresh scrutiny. While Musk has dismissed reports of plans to separate Tesla’s China business, the country could still pose regulatory and geopolitical challenges to any future merger. Elon Musk has described China as “awesome” and…
The first version of Falcon 9, launched in 2010, reportedly brought the cost of reaching orbit down by 85 per cent (Photo: Reuters). On July 10, China’s Long March 10B placed its payload into orbit before its first-stage booster returned to Earth and was captured by a net on an offshore platform. It was China’s…
Hong Kong Exchanges and Clearing (HKEX) would proceed with its listing reform to allow confidential filings and a lower market capitalisation requirement, as part of the exchange operator’s plan to increase its international competitiveness, two sources told the South China Morning Post. The move would be a result of the exchange’s months-long consultations with market…
Bernstein maintained an ‘Outperform’ rating and a $239 price target, saying SpaceX still leads the reusable rocket market by a wide margin. The firm noted that China has yet to demonstrate booster reuse, while SpaceX has routinely reflown Falcon 9 boosters for years. Wall Street’s average price target still implies more than 66% upside, although…