Investors cautiously optimistic about HK Spacs under new regime

Hong Kong’s relatively high threshold for special purpose acquisition companies (Spacs) listings is welcomed by the market as it tries to strike a balance between flexibility and investor protection. The city could see its first blank-cheque companies, or Spacs, go public very soon, as the new regime takes effect on Jan 1, 2022, experts said. High-growth companies that are popular with the investing public, such as clean energy, healthcare, and technology — and especially those fr…