01 Jan Hong Kong listing reforms for SPACs, pre-revenue tech companies, foiled by high threshold, interest-rate cycle, experts say
Posted at 06:00h
in Asia
HKEX’s performance in 2023 was even worse, with no SPACs listings taking place.Commercial buildings stand on Hong Kong Island. Photo: Yik Yeung-manIn Hong Kong, a SPAC needs to raise at least HK$1 billion (US$128 million) from professional investors and must announce an acquisition within 24...