Illustration: Henry Wong/SCMP Illustration: Henry Wong/SCMP
Illustration: Henry Wong/SCMP

Has Asia missed the blank-cheque boat? The SPACs frenzy is cooling before Hong Kong, Singapore even get off the starting blocks

  • SPAC fundraising in April slowed to its lowest level in nearly a year after eye-popping capital raising in the first quarter raised US regulators’ concerns
  • Appetite for SPACs remains high among Asian investors, target companies despite fundraising pause, advisers, sponsors say

Topic |   Banking & Finance
Illustration: Henry Wong/SCMP Illustration: Henry Wong/SCMP
Illustration: Henry Wong/SCMP
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