Hong Kong is a latecomer to the SPAC frenzy, having only allowed them to list starting from this month. Photo: Bloomberg
SPAC backed by Chinese brokerage is first to file for Hong Kong listing

A blank-cheque company formed by CMB International Asset Management has become the first to test a new listing regime which became effective this month.

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The shipping container industry benefited as the pandemic grounded airborne freight carriers around the world. Photo: AFP
Singamas profit surges as Covid boosts demand for shipping containers

The Hong Kong-listed company, a unit of Singapore’s Pacific International Lines, said its profit in 2021 could top US$180 million, compared to US$4.58 million a year earlier.

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