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... if I plan to inject some assets into Shanhaiguan to increase my shareholding ratio, are there any restrictions from the HK regulatory authorities, and what kind of restrictions exist?"
HK’s backdoor listing rules are very obnoxious; they’re unique worldwide.
They limit the proportion of overall asset injection after the acquisition to the original shell company’s market value, so Shanhaiguan can only get a little over seventy percent of the shares.
If it weren’t for the ...
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