27 May 2020
China Satellite Communications Company Limited (ChinaSat) is the leading satellite operator in China, with a fleet of more than 10 satellites in geostationary orbit. The company has for decades broadcast central and provincial government TV channels, as well as some foreign channels, across China and broader APAC on a fleet of Chinese-built satellites. This business model is a well-established one... ChinaSat also conducted an IPO last year, floating around 9% of the company’s share capital on the Shanghai Stock Exchange. This was a big deal in China, with ChinaSat being one of the rare examples of a well-established space company offering shares for public trading. In the ~11 months since, though, we have found that apparently it was a much, much bigger deal than originally expected. How so, you ask? Blaine Curcio of Orbital Gateway Consulting is providing the answer in a blog post on westeastspace.com.
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