Clifford Chance
New Listing Regime for Special Purpose Acquisition Companies (SPAC) introduced by HKEX
24 December 2021
On 17 December 2021, HKEX announced new rules to create a listing regime for special purpose acquisition companies (SPACs) that will take effect on 1 January 2022. Clifford Chance's Hong Kong Equity Capital Markets team has updated the bilingual SPAC guide published in November 2021 in response to the new SPAC listing regime. The guide contains a high level comparison of the new SPAC regime in Hong Kong (with effect from 1 January 2022), regulations applying to the primary listings of SPACs on SGX, and the regulations applying to SPACs in the U.S.
Click here for the Chinese guide.
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HKEX's Proposed Listing Framework for SPACs
12 November 2021
