In response to market rumors that SpaceX has banned Hong Kong and mainland Chinese investors from participating in new stock subscriptions, Hong Kong Financial Secretary Paul Chan Mo-po stated that this move would harm American interests. The US previously restricted mainland Chinese companies from listing in the US, but ultimately those companies turned to Hong Kong for listings, making Hong Kong an unintended beneficiary. He emphasized that Hong Kong should focus on doing its own thing, improving the listing system, enhancing liquidity, and safeguarding its reputation. Chan Mo-po pointed out that Shanghai and Shenzhen have many high-quality tech companies with attractive valuations. Hong Kong is guiding sovereign funds and long-term capital to jointly invest in future industries, including hard technology, health technology, and life sciences projects. Hong Kong is also building an international central securities depository infrastructure, which consolidates different securities, bonds, and stocks on a single platform, enabling cross-collateralization to quickly boost liquidity and improve capital efficiency.