Commercial spaceflight in China’s A-share market is basically a made-up premise. If SpaceX were a graduate student, then A-share commercial spaceflight would probably be at an elementary school level. In China, most space programs are still largely controlled by the state, and private commercialization started too late… So don’t assume that because the commercial spaceflight concept is really taking off in the US stock market, you should go and position yourself to jump on the same A-share idea—otherwise you’ll be seriously screwed. #CommercialSpaceflight