Take context from the input text and decide on the accurate relationship between 'Speedcast' and 'Hong Kong' from the options provided.
Options: owned by, headquarters location, product/material produced, currency

On July 10 the teleports were sold to ASX-listed and Hong Kong based rival Speedcast for $12 million – all of which will go towards employee entitlements and the fees for McGrathNicol and PPB Advisory.
headquarters location