HKMA’s former chief executive files a SPAC listing as his blank cheque company scours for fintech targets to acquire

Mar 1, 2022 | INVESTING

The former head of Hong Kong’s de facto central bank has formed a special purpose acquisition company (SPAC) with two family members of the city’s former chief executive, as they look to bank on their credentials to raise funds for their blank cheque company.Named HK Acquisition Corp, the company filed a draft prospectus sponsored solely by Haitong International on the city’s stock exchange on Monday night. Norman Chan Tak-lam, former chief executive of the Hong Kong Monetary Authority, owns 51…

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