Hong Kong’s Planned SPAC Rules Could Give it an Edge in Attracting Chinese Tech, Biotech Firms: Report

Hong Kong’s proposed listing rules for SPACs could give it extra firepower in the race to attract Chinese new economy companies and biotechnology firms, according to deal makers and market observers, reports the South China Morning Post.

However, some safeguards designed to protect retail investors may make the city’s bourse less competitive with New York and Singapore in securing IPOds by SPACs themselves without some fine-tuning, they said. Read more.

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