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
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

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
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
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SCMP Editorial

SCMP Editorial

Editorials represent the views of the South China Morning Post on the issues of the day.