China's Hony Capital-backed SPAC seeks to raise $300m in US IPO: Report

China's Hony Capital-backed SPAC seeks to raise $300m in US IPO: Report

REUTERS/Shannon Stapleton

A blank-check firm backed by Hony Capital, which has investments in TikTok owner ByteDance and WeWork’s China unit, is looking to raise $300 million in an U.S. initial public offering, the Information reported, citing a person familiar with the matter.

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