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Hong Kong, Singapore adopt divergent approaches to SPACs as deals heat up

Blog Blog Blog Blog 2 Mar, 2021 Author Rebecca IsjwaraXiuxi Zhu Hong Kong and Singapore, Asia s most established financial centers, are taking very different approaches to blank-check companies, alternatives to traditional IPOs that are gathering steam in the region where takeover targets are plentiful. Singapore Exchange Ltd. is reportedly working toward listing special purpose acquisition companies, which are skeleton organizations that launch with the intention of buying and reverse merging with a private company, as early as 2021. On the other hand, Hong Kong Exchanges & Clearing Ltd., where companies raised several times more funds from IPOs than its Singapore counterpart in 2020, is treading a cautious path.

Hong Kong s Hang Seng Index set for biggest overhaul in 51 years

Hang Seng Index Poised for Biggest Overhaul in 51 Years

Hang Seng Index Poised for Biggest Overhaul in 51 Years
dailymaverick.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymaverick.co.za Daily Mail and Mail on Sunday newspapers.

Hong Kong s Hang Seng Index set for biggest overhaul in 51 years

Hong Kong s Hang Seng Index set for biggest overhaul in 51 years
gulfnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfnews.com Daily Mail and Mail on Sunday newspapers.

State Street Urged to Clarify Ban Impact on H K Fund

State Street Urged to Clarify Ban Impact on H.K. Fund Bloomberg 2/25/2021 Bei Hu and Lulu Yilun Chen © Bloomberg The corporate flag for Hong Kong Exchanges & Clearing Ltd. (HKEX), right, and the Chinese flag, left, fly outside the Exchange Square complex in Hong Kong, China, on Monday, Sept. 16, 2019. The Hong Kong bourse s unsolicited takeover bid for the London Stock Exchange Group Plc was greeted with a scathing rejection and the exchange suffered a further humiliation when China praised the rebuff as well. (Bloomberg) The Hong Kong Monetary Authority is asking State Street Corp.’s Asia unit to clarify how it plans to address the effect of U.S. sanctions on its $13.5 billion exchange traded fund.

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