Hong Kong’s relatively high threshold for SPAC listings is welcomed by the market as it tries to strike a balance between flexibility and investor protection, Asia Investor reports.
The city could see its first blank-cheque companies go public very soon, as the new regime takes effect on Jan 1. High-growth companies that are popular with the investing public, such as clean energy, healthcare, and technology — and especially those from China — are expected to be first comers. Read more.
