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Benzinga

Business

The Bamboo Works

Entrepreneurial State Bank Makes Hong Kong's First SPAC Application

Hong Kong SPAC Aquila China China Merchants Bank United States

Key takeaways:

Aquila Acquisition has applied to become Hong Kong’s first SPAC listing, formed by a group connected to China Merchants Bank
Investors must put up at least $128,000 to buy the SPAC’s shares, which may be too high to create a vibrant market

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One subscription that gives you access to news from hundreds of sites

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