According to market news, Japan is considering changing the rules to allow (SPAC), a special purpose acquisition company, to conduct an initial public offering in China. (IPO), may have more scrutiny and investor protection in terms of rules than in the United States.

It is reported that Japan's Financial Agency, the Ministry of economy, Trade and Industry and the Tokyo Stock Exchange will discuss this issue this summer. Japan's cabinet plans to include this issue in its strategic growth plan in June.

Given the time required for the Tokyo Stock Exchange to revise IPO procedures and formulate new rules, so-called special purpose buyout companies could be allowed to go public as early as next year.