China Minsheng Financial to raise $1b blank check fund to invest in SPACs: Report

China Minsheng Financial to raise $1b blank check fund to invest in SPACs: Report

Photo: Bloomberg

Hong Kong-listed investment holding company China Minsheng Financial Holding Corporation Ltd is looking to raise a $1-billion fund to invest in special-purpose acquisition companies (SPAC), according to a report by the Financial Times.

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