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ZG GROUP-W Edges Down 1% at Midday After Going Public in HK via De-SPAC
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Aquila Acquisition, Hong Kong's first listed special purpose acquisition company (SPAC), previously announced a merger with a subsidiary of ZG Group. ZG GROUP-W (06676.HK) completed the M&A transaction (De-SPAC) and was listed this morning.

ZG GROUP-W once peaked at $11.98 but eventually ended the midday at $9.9, down 1% from the listing price of $10, on a volume of 325,000 shares, involving $3.45 million.

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