SINGAPORE -- Two years after Asia's two big financial hubs, Singapore and Hong Kong, allowed so-called blank-check companies as a novel way to help fast-growing tech startups and others go public on their bourses, the results have fallen short of expectations.
SPACs have largely failed so far to deliver to investors the high returns they have sought. (Source photos by Reuters and Akira Kodaka)
Market Spotlight
Singapore, Hong Kong SPAC failures highlight thwarted ambitions
Lack of new listings and stalled mergers dim prospects for 'blank-check companies'
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