Hong Kong approves SPAC framework

The new framework adds another dimension to Hong Kong’s listing offerings, but is unlikely to become a mainstream option in Hong Kong, experts believe.

Following the footsteps of Singapore, which in September adapted its stock exchange to accommodate blank check companies, on December 17 Hong Kong approved its own framework for the listing of special purpose acquisition companies (SPACs).

¬ Haymarket Media Limited. All rights reserved.

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