The 2023 policy address is about to be released, and various parties in Hong Kong have suggestions on “how to activate the capital market”

Drew Bernstein, co-founder and co-chairman of Marcum Asia, is quoted regarding Hong Kong SPAC trends.

Kutipan

“Drew Bernstein, co-founder and co-chairman of Marcum Asia Accounting Firm, told a reporter from the Economic Observer Network that Hong Kong has formulated a series of rules aimed at protecting investors in the SPAC design. For now, these rules may make it more difficult to complete a deal.” {…] “In the long term, SPACs may be an attractive option for Chinese companies that want to go public but are not in the industries most likely to conduct A-share IPOs quickly,” said Bernstein.

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