Vanke founder plans to launch SPAC, aiming at investing in China's sports and health industry
2021-04-27 11:20:00

Wang Shi, the founder of Vanke Co., Ltd, is planning to launch his own special purpose acquisition company (SPAC) to list in the US in the future.

The SPAC will look for suitable companies and investment opportunities in health care, sports technology, and urban renewal.

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