US SPACs shun China targets as tighter listing rules weigh on investor interest

US SPACs shun China targets as tighter listing rules weigh on investor interest

A street sign for Wall Street is seen in the financial district in New York, U.S., November 8, 2021. REUTERS/Brendan McDermid

Sponsors behind blank cheque companies on Wall Street continue to steer away from acquiring targets in the Chinese market amid heightened oversight on foreign listings by Chinese issuers.

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