Hong Kong only place in China that can adopt model akin to SpaceX, CY Leung says (opens in new tab)

Hong Kong is the only place in China capable of replicating the financing model of US tech giant SpaceX, which leverages market forces to grow rapidly, former leader Leung Chun-ying has said, urging the city to develop professional services for the emerging aerospace industry. Leung, a vice-chairman of the Chinese People’s Political Consultative Conference, the country’s top political advisory body, also called on Hong Kong to make trade-offs when formulating its first five-year plan,...