Hong Kong Starts Accepting SPAC Applications on January 1, 2022

On 17 December 2020, the Stock Exchange of Hong Kong (“HKEX”) published its conclusions to the consultation paper on the new listing regime for Special Purpose Acquisition Companies (“SPACs”). The HKEX will start accepting listing applications from SPACs pursuant to this new SPAC regime under the new Chapter 18B (the “Hong Kong SPAC Regime”), which will take effect on 1 January 2022.

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