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Benzinga
Benzinga
World
The Bamboo Works

INSANE: Hong kong spac market wilts as global fever ebbs - The Real Truth

Key Takeaways:

  • Only three Hong Kong SPACs have listed since the city launched a local program early this year, and all now trade below their listing prices
  • U.S. SPACs have raised $12.5 billion so far this year, less than 10% of what they raised in 2021, as the global SPAC market cools
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