Financial Secretary Paul Chan Mo-po is right to ask Hong Kong’s securities regulator and stock market operator to study the feasibility of allowing SPACs to raise capital in Hong Kong. Photo: Xinhua
Financial Secretary Paul Chan Mo-po is right to ask Hong Kong’s securities regulator and stock market operator to study the feasibility of allowing SPACs to raise capital in Hong Kong. Photo: Xinhua
SCMP Editorial
Opinion

Opinion

Editorial by SCMP Editorial

Hong Kong should be cautious before embracing SPACs

  • It is the latest investment fad, but city’s regulators would be wise to wait for a while before joining the special purpose acquisition companies bandwagon

SCMP Editorial
SCMP Editorial

Updated: 2:03am, 26 Mar, 2021

Why you can trust SCMP
Financial Secretary Paul Chan Mo-po is right to ask Hong Kong’s securities regulator and stock market operator to study the feasibility of allowing SPACs to raise capital in Hong Kong. Photo: Xinhua
Financial Secretary Paul Chan Mo-po is right to ask Hong Kong’s securities regulator and stock market operator to study the feasibility of allowing SPACs to raise capital in Hong Kong. Photo: Xinhua
READ FULL ARTICLE