For years, the trading floor was abuzz with frenzied human beings intent on capitalizing on fast-breaking opportunities and avoiding potential catastrophes. But technology has altered the scene, with the traditional open-outcry trading floor being increasingly replaced by innovations such as electronic trading, automation and digitisation.
Hong Kong Stock Exchange
The investment world is never free of a popular new kid on the block; special purpose acquisition companies are attracting significant investor interest as they help companies transition from private to public. Will these shell companies go down in investment history as another short-term craze, or will they become a permanent part of the IPO process? The jury is undecided, but the SPAC is an avenue that investors should consider.