Shenzhen investors offered cash handouts for Hong Kong IPOs
Shenzhen-based venture capital investors will receive one-off cash rewards for taking companies public in Hong Kong and sponsoring special purpose acquisition companies (SPACs) that list on the territory’s stock exchange.
These feature in a package of 18 VC-focused measures intended to promote cooperation between Shenzhen and Hong Kong on technology and innovation, and to support the development of the Greater Bay Area...
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