Make Hong Kong China’s ‘space finance capital’, legal group urges Beijing

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An independent legal group has proposed that Beijing designate Hong Kong as China’s space finance capital. They recommend enacting legal frameworks for space asset registration and finance to support the sector’s commercial development under the national five-year plan.

An independent legal group has proposed that Beijing designate Hong Kong as the country’s “space finance capital”, positioning the city as a gateway for commercial development of the sector under the national five-year plan. The Asian Academy of International Law also proposed in policy papers issued on Thursday that Hong Kong should enact a space asset registration and finance ordinance to provide legal certainty for the financing of such assets. The group pointed to Hong Kong’s key strengths...