Utilize the input text as a context reference, choose the right relationship between 'Speedcast' and 'Hong Kong' from the options.
Options: currency, product/material produced, owned by, headquarters location

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