SpaceX won’t be the next Tesla for one straightforward reason: the business economics don’t scale the same way. Tesla sells a mass-market product with falling production costs and global demand. Space companies face heavy capex, slow contract cycles, and limited market size. There is no path for a launch company to compound like an EV manufacturer. The hype comparison is unrealistic. Therefore a safe alternative would be....HK Aerospace Technology Group (1725 HK). Actual satellite manufacturing capability via its subsidiaries, not concept-only. Government-aligned projects in satellite data, remote sensing, and smart-city applications demand is structural, not speculative. Revenue visibility from commercial and state-linked contracts gives it more stability than the typical “space” story. V
$CAFE DE CORAL H(00341)$ Café de Coral’s stock is sliding because its interim profits and margins have collapsed on weak revenue growth and one-off losses, signaling deteriorating earnings power that spooks investors. The downturn reflects weak local consumer demand and intense competition squeezing sales and profitability in its core restaurant business. [Cool] #coffee #hongkong
$YIP'S CHEMICAL(00408)$ The company divested from loss making Camai car servicing dealerships and opened up a new citric acid factory in Hubei. Definitely a winner, stock still undervalued as book price definitely above current levels. [Miser]