China’s Zeng Teams Up With Ex-Credit Suisse Boss Thiam – FT

Chinese entrepreneur Edward Zeng is a “better fit” for former Credit Suisse chief executive Tidjane Thiam’s special purpose acquisition company (SPAC) than US investment giant Pimco, the Financial Times reported.

Thiam’s Freedom Acquisition I Corporation has parted ways with Pimco, which offloaded its stake to Next G, an affiliate of Zeng’s advisory firm China Bridge Capital, the FT reported.

Read the full report: Financial Times

READ MORE:

Hong Kong’s First SPAC Listing Makes Lukewarm Debut

HK, Singapore Investors Tread Carefully on SPAC Listings – Nikkei

China Merchants Bank Backing First Hong Kong SPAC Listing

George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

You Might also Like

Wild Rally Makes VinFast World's Third-Most Valuable Carmaker

VinFast Shares Jump 109% to Near Four Times Initial Valuation

VinFast US Shares Dive Nearly 60% in 3 Days After $85bn Listing

Vietnamese EV-maker VinFast Announces US SPAC Listing