From Hong Kong’s bond futures to SpaceX: the numbers moving markets
China’s push for treasury bond futures in Hong Kong has been well received, with brisk trading reflecting strong hedging demand. On the other side of the Pacific, Elon Musk’s aerospace company, SpaceX, has published its first-ever quarterly financial statement as a public entity, offering a glimpse into the company’s future. Here are some of the figures that have drawn the most market attention…
China's bond futures launch in Hong Kong saw brisk trading, reflecting strong hedging demand as 3,755 contracts were traded. Meanwhile, SpaceX, the aerospace company led by Elon Musk, published its first-ever quarterly financial statement, revealing a 92% rise in revenue to US$7.8 billion and a narrowing of its net loss by 46% to US$541 million. The Wall Street Dow Jones index also hit a record high of 54,349.12 points, driven by optimism regarding de-escalation in the Middle East.
Brief written by urgent.news from SCMP Business's own syndicated text. Machine-written — read the original for the full account.
We haven't written up this one. SCMP Business has the full story — the link below goes straight to it.
