Welcome to Herbert Smith Freehills' monthly private wealth
industry updates in Asia.
Every month we survey ten Asian jurisdictions for legal
developments concerning trust and estate planning which are of
interest to the private wealth industry, and provide a succinct
summary in a table format. The jurisdictions covered in the
update are Hong Kong, Singapore, China, Taiwan, Japan, India,
Malaysia, Indonesia, Thailand and the Philippines. We hope that
these updates will prove to be a useful resource to keep private
clients, business people, and lawyers abreast of legal updates in
the region.
Hong Kong
SEHK issues circular on trading arrangements of
SPACs
The Stock Exchange of Hong Kong (SEHK) published a circular on
trading related arrangements for special purpose acquisition
companies (SPACs). The circular notes that SPAC shares and SPAC
warrants are traded separately from the date of an SPAC's
initial listing until a de-SPAC transaction, and reminds