Investors faced several challenges in 2023, including a gradual liquidity squeeze in private markets. As we move forward, it's crucial to pause and reassess investment strategies for 2024. While private market investing is inherently long term, the current environment presents flexible investors with what we believe are compelling risk-return opportunities through the deployment of additional capital.
2023 marks the next evolution for private markets, characterized by challenges and opportunities. Higher interest rates and a shrinking Federal Reserve balance sheet.
The Stock Exchange of Hong Kong Limited (“Exchange”) has recently published a Consultation Paper on the proposed new listing regime for Specialist Technology Companies on the Main Board.
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<li class="spanHeading"><span>Substantial market support for new SPAC regime proposals</span></li>
<li class="spanHeading"><span>New regime listing applications welcomed from January 2022 onwards</span></li>
<li class="spanHeading"><span class="spanHeading">HKEX Head of Listing Bonnie Y Chan’s <a target=" blank" href="https://www.hkexgroup.com/Media-Centre/Insight/Insight/2021/Bonnie-Y-Chan/SPACs-in-Hong-Kong-How-does-this-new-listing-regime-work?sc lang=en">podcast</a> on the new SPAC regime, explains the final model adopted and the prospects for SPAC listings in Hong Kong</span></li>
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