Utilize the input text as a context reference, choose the right relationship between Speedcast and Hong Kong from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

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.

Answer: headquarters_location