Hong Kong SPACs have unique advantages, but shortcomings too

SPACs are in the news this week, after Silicon Valley’s pioneer in the investment vehicle business said he would return US$1.5 billion to backers. But Hong Kong’s versions of the Special Purpose Acquisition Company have key differences, says SPAC specialist Jason Wong THE U.S. ENTERED AN interest rate hike cycle this year, and capital markets…

September 21, 20220Comments ByJason Wong

Opinion

Hong Kong SPACs are in a slump: here’s how to fix them

HONG KONG’S special purpose acquisition companies, better known as SPACs, are currently in a slump. This is not only because of poor global market conditions, but also because of the restrictive listing requirements set by the Stock Exchange of Hong Kong. Change is urgently needed. Image by Friday Culture. Here’s a brief discussion of the…

September 7, 20220Comments ByJason Wong

Jason Wong

Hong Kong SPACs have unique advantages, but shortcomings too

Hong Kong SPACs are in a slump: here’s how to fix them

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