The HKEX new listing regime for SPACs
The podcast started with the regulatory framework and recent developments in Hong Kong in relation to SPACs. The HKEX’s new listing regime allowing SPACs to list on the Main Board of the HKEX came into effect on 1 January 2022 under amendments to the HKEX Listing Rules, including a new Chapter 18B on SPAC listings. The HKEX also issued a new Guidance Letter 113-22 on Special Purpose Acquisition Companies. As of 18 February 2022, six SPACs have applied to list under the new Chapter 18B.