Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. Why did this happen? REUTERS/Bobby YipThe trend to list through Special Purpose Acquisition Companies (SPACs) has seen such floats raise $96 billion in the United States this year after a bumper 2020. Hong Kong is more strongly leaning to the no side, while Singapore, because it has less equities activity, has more pressure, said the person, declining to be named as he was not authorised to speak to the media. SPACs or shell companies, raise funds via IPOs to merge with operating firms and then take them public by enticing them with shorter listing timeframes and strong valuations.
Equity companies are stirring this move because they fear abusing another country funds.
( z0 stir :ARG0 ( z1 company :ARG1-of ( z2 equal ) ) :ARG1 ( z3 move :mod ( z4 this ) ) :ARG1-of ( z5 cause :ARG0 ( z6 fear :ARG0 z1 :ARG1 ( z7 abuse :ARG0 z1 :ARG1 ( z8 fund :poss ( z9 country :mod ( z10 another ) ) ) ) ) ) )
(z0 / stir-01
    :ARG0 (z1 / company
              :ARG1-of (z2 / equal-01))
    :ARG1 (z3 / move-02
              :mod (z4 / this))
    :ARG1-of (z5 / cause-01
                 :ARG0 (z6 / fear-01
                           :ARG0 z1
                           :ARG1 (z7 / abuse-02
                                     :ARG0 z1
                                     :ARG1 (z8 / fund
                                               :poss (z9 / country
                                                         :mod (z10 / another)))))))
Equity companies are stirring this move because they fear abusing another country funds .
z1 :ARG1-of z2
z0 :ARG0 z1
z3 :mod z4
z0 :ARG1 z3
z0 :ARG1-of z5
z5 :ARG0 z6
z6 :ARG0 z1
z6 :ARG1 z7
z7 :ARG0 z1
z9 :mod z10
z8 :poss z9
z7 :ARG1 z8