The Financial Services Development Council (“FSDC”) welcomes the Stock Exchange of Hong Kong Limited (“SEHK”)’s publication of the Consultation Paper (the “Consultation Paper”) on Special Purpose Acquisition Companies (“SPAC”) in September 2021. The FSDC is in principle supportive of the introduction of a new listing option, which will further enhance Hong Kong’s capital formation capabilities as an international financial centre by providing an additional option for both investors and potential issuers.
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