In response to market rumors that SpaceX has banned investors from Hong Kong and mainland China from participating in its IPO subscription, Hong Kong Financial Secretary Paul Chan Mo-po stated that such a move would harm U.S. interests. Previously, when the U.S. restricted mainland companies from listing in the U.S., those companies turned to Hong Kong instead, making Hong Kong an unexpected beneficiary. He emphasized that Hong Kong should focus on doing its own job well—improving its listing system, enhancing liquidity, and safeguarding its reputation. Paul Chan pointed out that Shanghai and Shenzhen have many high-quality tech companies with attractive valuations. Hong Kong is currently guiding sovereign funds and long-term capital to co-invest in future industries, including hard tech, health tech, and life sciences projects. Hong Kong is also building an international central securities depository infrastructure to place various securities, bonds, and stocks on a single platform, enabling cross-collateralization. This will rapidly boost liquidity and improve capital efficiency. https://(wublock123.com)/news/hong-kong-finance-secretary-reacts-to-spacex-listing-ban-on-chinese-hong-kong-investors-62537