Hong Kong Stock Exchange Conclusions on SPACs

SPACs can list on the Hong Kong Stock Exchange starting 1 January 2022.

The Exchange has published the consultation conclusion paper setting out its final position on the introduction of the SPAC regime in Hong Kong. Much of the original proposal has stayed the same and our earlier client bulletin provides an overview of the proposed regime. A limited number of amendments have been made and we look at the main changes from the original proposal in this bulletin.