Hong Kong and Singapore are trying to get in on the boom in blank check company listings, while safeguarding investors from what some say is a bubble about to burst.

Authorities in the Asian financial hubs are mulling tighter frameworks than in the US for listings of special purpose acquisition companies. The US-led dealmaking boom has raised about US$100 billion ($134 billion) so far this year even though it’s now showing signs of fizzling amid increased scrutiny by regulators.

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