Hong Kong proposes allowing SPAC listings

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HONG KONG : The Stock Exchange of Hong Kong, on Friday, proposed changing its rules to allow Special Purpose Acquisition Companies (SPACs) to list on the bourse. The proposals, published in a Friday consultation paper, suggest restricting trading and subscribing to a SPAC's securities to professional inv

HONG KONG : The Stock Exchange of Hong Kong, on Friday, proposed changing its rules to allow Special Purpose Acquisition Companies to list on the bourse.

The proposals, published in a Friday consultation paper, suggest restricting trading and subscribing to a SPAC's securities to professional investors.

 

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