Financials, Automotive Sep 24, 2021 07:23 AM (GMT+8) · EqualOcean
The listing mechanism of SPAC (Special Purpose Acquisition company) is about to land on the Hong Kong stock exchange. Market participants said that compared with the SPAC mechanism of the US stock exchange and the Singapore Stock Exchange, the Hong Kong Stock Exchange has set strict conditions for sponsors and investors, and the requirements for the scale of funds raised by listing are high. The merged enterprises need to meet the listing conditions of the main board of the Hong Kong stock exchange, which can effectively prevent and control risks while improving the inclusion of the Hong Kong stock market, It is expected to attract a number of domestic enterprises to choose Hong Kong stock SPAC for listing.

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