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LandSpace

The latest news and top stories on LandSpace. A leading entity in the aerospace sector, Beijing-based LandSpace specialises in developing liquid fuel rocket engines and commercial launch vehicles. It primarily serves Chinese private and commercial aerospace enterprises, aiming to provide cost-effective space transportation services globally. Notably, LandSpace achieved a world first in July 2023 with its methane-fueled Zhuque-2 rocket reaching orbit. The company focuses on building a comprehensive industrial chain for medium and large liquid oxygen-methane launch vehicles, including developing reusable rocket technology.

A plume of smoke in an image shared on Chinese social media after the failed launch of the Tianlong-3 rocket on Friday. Photo: Weibo/ 深圳湾小海盗

Science

China launches heavyweight rocket to challenge SpaceX’s Falcon 9. It fails

Flight anomaly delays ambitions for Tianlong-3 to start delivering satellites for Chinese megaconstellations.

3 Apr 2026 - 8:44PMvideocam

IPO

Countdown starts for Chinese rocket maker CAS Space’s Shanghai listing

2 Apr 2026 - 3:29PM

China stock market

From AI to aerospace: China meme rocket shares take off in race with US

21 Feb 2026 - 9:30AM

Hong Kong economy

Opinion | Hong Kong’s budget should move the city towards ‘inspirational’ development

The 2026-27 budget speech should explain how the city’s economic direction aligns with global and national trends, defining its place in the industries of the future.

8 Feb 2026 - 9:30AM

People stand on a new boardwalk in Quarry Bay on January 4. Photo: Robert Ng

Mainland China

China’s rocket start-ups push the envelope as IPOs gather pace

A policy-backed push to build commercial space champions is reshaping China’s IPO pipeline, with regulators signalling faster pathways.

23 Jan 2026 - 3:30PM

Banking & finance

Chinese banks join the space race with satellite launches and rocket backing

As China seeks new engines of growth, finance is emerging as an unexpected backer of the country’s commercial space ambitions.

22 Jan 2026 - 11:30AM

China Future Tech briefing

Aerospace | Chinese rivals to Musk’s Starlink wrestle with rocket constraints

The slow pace of Chinese rocket launches is hampering efforts to create alternatives to SpaceX’s Starlink and damping the government’s drive to pare reliance on US technology.

21 Jan 2026 - 12:45PM

Chinese rivals to Musk’s Starlink wrestle with rocket constraints

China's space programme

China’s commercial space sector soars with 50 launches in 2025

Commercial launches accounted for 54 per cent of the total last year, data from China National Space Administration shows.

21 Jan 2026 - 1:11AM

Hong Kong economy

Hong Kong eyes slice of booming ‘NewSpace’ economy as professional services hub

Chief Executive’s Policy Unit reveals that it recently hosted a high-level round table on the space economy.

19 Jan 2026 - 10:00AMvideocam

China stock market

Chinese rocket shares slump after warnings on ‘irrational’ rally

Long-term prospects for sector are ‘very promising’, but market in the short term is ‘mainly driven by speculative sentiment’, analyst says.

13 Jan 2026 - 5:51PM

A rocket sits in the factory of Beijing Interstellar Glory Space Technology, a private rocket developer, in Wenchang, in south China’s Hainan province on December 30, 2025. Photo: Xinhua

IPO

Chinese rocket firm LandSpace moves towards US$1 billion IPO

Listing is the first accepted under a fast-track process for pre-revenue rocket companies, as China prioritises space development.

1 Jan 2026 - 2:30PM

A full-size model of LandSpace’s Zhuque-1 rocket, is displayed at its factory in Huzhou, Zhejiang province, on December 17, 2025. Photo: Reuters

China stock market

Launch window opens for China’s space companies as LandSpace advances IPO

LandSpace has completed IPO tutoring with Chinese regulators, putting it a step closer to a Shanghai Star Market listing.

26 Dec 2025 - 5:28PM

Science

Second reusable rocket recovery failure in a month puts China 10 years behind US

Chinese state-owned and commercial developers are racing to catch up on a decade of the technology’s deployment.

23 Dec 2025 - 7:15PMvideocam

Science

China’s first reusable rocket Zhuque-3 fails recovery, leaving US in the lead

Designer LandSpace says it is investigating after lower stage of the rocket appeared to catch fire before crashing near the recovery site.

3 Dec 2025 - 3:48PM

The rocket’s first stage crashed back to Earth. Photo: Weibo/ 航天爱好者网

Taiwan

Hong Kong fire, Trump calls in Japan-China row, Macron visit

This week: Hong Kong fire kills at least 128, Trump speaks to Xi and Takaichi amid Japan-China row, Bessent says Xi and Trump may meet four times in 2026. Next week: France’s Macron visits China, EU economic security doctrine, November factory activity, and more.

28 Nov 2025 - 5:54PM

SCMP Highlights

China’s private defence firms; Beijing sets yuan fix: SCMP daily highlights

From a boon for Chinese private defence firms to a Beijing start-up grabbing Elon Musk’s attention, here’s a round-up from today’s coverage.

26 Nov 2025 - 9:15PM

China's space programme

Explainer | Why China’s space sector is grabbing attention – including from Elon Musk

Chinese start-up LandSpace is set to launch its first reusable rocket on Saturday. If it succeeds, it will give China’s space sector a major boost.

26 Nov 2025 - 8:00AMvideocam

China Future Tech briefing

Aerospace | Musk’s SpaceX faces China threat in reusable rocket race

At least nine reusable rocket projects are nearing maiden flights in China, posing a potential threat to Elon Musk-led SpaceX’s grip on the commercial satellite launch market.

13 Nov 2025 - 3:20PM

Musk’s SpaceX faces China threat in reusable rocket race

US-China relations

From reusable rockets to deep-sea dives: how China closes tech gap on the West

China sees outer space and the polar regions as ‘strategic new frontiers’ vital to its future security – and is investing accordingly.

12 Nov 2025 - 11:35AMvideocam

Science

China prepares to bring home astronauts stranded on space station

Officials say ‘emergency plans’ have been activated, while sources say a new return vessel would be sent to replace one hit by debris.

11 Nov 2025 - 5:17PMvideocam

Science

China’s large reusable Tianlong-3 rocket passes 1,000-tonne thrust ‘major exam’

Three Chinese contenders are in final sprint to match SpaceX’s Falcon 9 orbital achievement by the end of this year.

17 Sep 2025 - 12:00PMvideocam

An aerial drone captures the first-stage propulsion system test for the Tianlong-3 rocket conducted at an offshore launch pad in Shandong province, eastern China on Monday. Photo: Xinhua

Aerospace: Policy

From space mining to tourism, China’s Guangdong blasts off in pursuit of Musk

Provincial government vows support for companies building low-orbit satellite constellations.

20 Aug 2025 - 5:39PM

A Long March rocket carrying a group of satellites to a low-Earth orbit blasts off from Wenchang, Hainan province, on August 13. Photo: Xinhua

IPO

Rocketing to riches: China’s cash-hungry aerospace firms aim for IPOs

Bolstered by improved market sentiment, LandSpace and others seek funding in onshore markets to fuel growth.

10 Aug 2025 - 2:00PM

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LandSpace

China launches heavyweight rocket to challenge SpaceX’s Falcon 9. It fails

Flight anomaly delays ambitions for Tianlong-3 to start delivering satellites for Chinese megaconstellations.

Countdown starts for Chinese rocket maker CAS Space’s Shanghai listing

From AI to aerospace: China meme rocket shares take off in race with US

.css-1pcrwvc{color:#2aa191;}Opinion | Hong Kong’s budget should move the city towards ‘inspirational’ development

The 2026-27 budget speech should explain how the city’s economic direction aligns with global and national trends, defining its place in the industries of the future.

China’s rocket start-ups push the envelope as IPOs gather pace

A policy-backed push to build commercial space champions is reshaping China’s IPO pipeline, with regulators signalling faster pathways.

Chinese banks join the space race with satellite launches and rocket backing

As China seeks new engines of growth, finance is emerging as an unexpected backer of the country’s commercial space ambitions.

.css-19im5qg{color:#c79a00;}Aerospace | Chinese rivals to Musk’s Starlink wrestle with rocket constraints

The slow pace of Chinese rocket launches is hampering efforts to create alternatives to SpaceX’s Starlink and damping the government’s drive to pare reliance on US technology.

China’s commercial space sector soars with 50 launches in 2025

Commercial launches accounted for 54 per cent of the total last year, data from China National Space Administration shows.

Hong Kong eyes slice of booming ‘NewSpace’ economy as professional services hub

Chief Executive’s Policy Unit reveals that it recently hosted a high-level round table on the space economy.

Chinese rocket shares slump after warnings on ‘irrational’ rally

Long-term prospects for sector are ‘very promising’, but market in the short term is ‘mainly driven by speculative sentiment’, analyst says.

Chinese rocket firm LandSpace moves towards US$1 billion IPO

Listing is the first accepted under a fast-track process for pre-revenue rocket companies, as China prioritises space development.

Launch window opens for China’s space companies as LandSpace advances IPO

LandSpace has completed IPO tutoring with Chinese regulators, putting it a step closer to a Shanghai Star Market listing.

Second reusable rocket recovery failure in a month puts China 10 years behind US

Chinese state-owned and commercial developers are racing to catch up on a decade of the technology’s deployment.

China’s first reusable rocket Zhuque-3 fails recovery, leaving US in the lead

Designer LandSpace says it is investigating after lower stage of the rocket appeared to catch fire before crashing near the recovery site.

Hong Kong fire, Trump calls in Japan-China row, Macron visit

This week: Hong Kong fire kills at least 128, Trump speaks to Xi and Takaichi amid Japan-China row, Bessent says Xi and Trump may meet four times in 2026. Next week: France’s Macron visits China, EU economic security doctrine, November factory activity, and more.

China’s private defence firms; Beijing sets yuan fix: SCMP daily highlights

From a boon for Chinese private defence firms to a Beijing start-up grabbing Elon Musk’s attention, here’s a round-up from today’s coverage.

Explainer | Why China’s space sector is grabbing attention – including from Elon Musk

Chinese start-up LandSpace is set to launch its first reusable rocket on Saturday. If it succeeds, it will give China’s space sector a major boost.

Aerospace | Musk’s SpaceX faces China threat in reusable rocket race

At least nine reusable rocket projects are nearing maiden flights in China, posing a potential threat to Elon Musk-led SpaceX’s grip on the commercial satellite launch market.

From reusable rockets to deep-sea dives: how China closes tech gap on the West

China sees outer space and the polar regions as ‘strategic new frontiers’ vital to its future security – and is investing accordingly.

China prepares to bring home astronauts stranded on space station

Officials say ‘emergency plans’ have been activated, while sources say a new return vessel would be sent to replace one hit by debris.

China’s large reusable Tianlong-3 rocket passes 1,000-tonne thrust ‘major exam’

Three Chinese contenders are in final sprint to match SpaceX’s Falcon 9 orbital achievement by the end of this year.

From space mining to tourism, China’s Guangdong blasts off in pursuit of Musk

Provincial government vows support for companies building low-orbit satellite constellations.

Rocketing to riches: China’s cash-hungry aerospace firms aim for IPOs

Bolstered by improved market sentiment, LandSpace and others seek funding in onshore markets to fuel growth.

Opinion | Hong Kong’s budget should move the city towards ‘inspirational’ development

Aerospace | Chinese rivals to Musk’s Starlink wrestle with rocket constraints