SpaceX report, share unlock may sway Hong Kong, mainland China stocks as AI trade recovers
SpaceX’s first earnings report since its listing, together with the coming supply of a large chunk of shares available for public trading, will test the strength of the artificial intelligence trade’s recovery, which has driven the S&P 500 within striking distance of its record high and helped Hong Kong equities outperform. The first set of results from SpaceX as a publicly traded company will be under close scrutiny, with Elon Musk’s commercial aerospace unit viewed as a gauge of investors’...
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