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In order to facilitate SPAC transactions, the budget may consider introducing a tax deferral regime, similar to that which exists for business trusts (i.e. real estate investment trust and infrastructure investment trusts).
New Analysis Foreign investment banks are likely to see more regulatory risks when underwriting IPOs for Chinese firms, ...
HONG KONG—Two Chinese regulators announced draft rules for Chinese firms' offshore listings over the past week, providing some clarity on how they plan to scrutinize capital market activities amid a broader regulatory crackdown.