Special Purpose Acquisition Companies (SPACs) have gained significant popularity in the international business community and financial markets. Operating at the intersection of securities regulation and corporate law, SPACs are empty shell entities that raise capital through an initial public offering (IPO) to acquire a target business later. The primary goal of SPACs is to scout… Read More »
When addressing the Global Trade in Services Summit in September 2021, President Xi Jinping announced the launch of the Beijing Stock Exchange (BSE), which provides an extra financing channel for the country’s small and medium-sized enterprises (SMEs).[1] The BSE has been built upon the select tier of China’s National Equities Exchange and Quotations (NEEQ), an over-the-counter market… Read More »
Courtesy of Lerong Lu and Ningyao Ye[1] Recent reforms to Chinese securities law are designed to entice local tech giants to list their shares in mainland China as opposed to overseas markets like Hong Kong or New York. One reform idea is modelled off a long-standing concept in the U.S. and Europe known as depositary… Read More »
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