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Chinese Steel Platform to Go Public in Hong Kong s First SPAC Merger

Pedestrians walk past an electronic ticker at the Exchange Square complex in Hong Kong. ZG Group, which operates a website for steel transactions, has agreed…

Hong Kong s first SPAC merger: Chinese steel website ZG Group set to combine with blank-cheque firm Aquila Acquisition

Chinese steel trading website ZG Group, formerly known as Zhaogang.com, will combine with Hong Kong-listed Aquila Acquisition. The merged entity will be valued at US$1.3 billion.

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