The signage of the Hong Kong Exchanges & Clearing Limited (HKEX) at the Exchange Square complex in Hong Kong’s Central district on 28 April 2021. Photo: Sam Tsang.
The signage of the Hong Kong Exchanges & Clearing Limited (HKEX) at the Exchange Square complex in Hong Kong’s Central district on 28 April 2021. Photo: Sam Tsang.
IPO

Hong Kong joins global bourses in letting blank-cheque companies raise funds as SPACs get the nod for initial public offerings

  • SPACs raised nearly US$81 billion last year and US$139 billion this year as of October, according to Refinitiv’s data
  • Most SPACs are listed in the US, but Britain, Malaysia and Singapore have changed their listing rules to compete for such listings

Topic |   IPO
The signage of the Hong Kong Exchanges & Clearing Limited (HKEX) at the Exchange Square complex in Hong Kong’s Central district on 28 April 2021. Photo: Sam Tsang.
The signage of the Hong Kong Exchanges & Clearing Limited (HKEX) at the Exchange Square complex in Hong Kong’s Central district on 28 April 2021. Photo: Sam Tsang.
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