EconomyChinese space-AI hopeful Adaspace meets cautious investors in Hong Kong IPO

Hong Kong is set for its second aerospace-related listing this year, but a weak IPO market has curbed interest in the rare space-tech offering. Brokerages said Sichuan-based Adaspace Technology, which plans to build AI computing facilities in space, had drawn about HK$87 million in margin financing orders, below its retail tranche target.

Adaspace TechnologyHong Kong IPOspace technologyartificial intelligence

SSouth China Morning Post★★☆☆☆2026-11-10 01:00Original