Breakingviews – Geely-backed auto SPAC deal revs up too fast
Li Shufu is in the fast lane again. Geely’s founder who is best known for buying Swedish carmaker Volvo has signed up for the largest listing of a company hailing from the People's Republic through a special-purpose acquisition company. It’s a bold move with ride-hailing company Didi's experience as a public company in New York still so raw.

Breakingviews – Geely-backed auto SPAC deal revs up too fast

Li Shufu is in the fast lane again. Geely’s founder who is best known for buying Swedish carmaker Volvo has signed up for the largest listing of a company hailing from the People's Republic through a special-purpose acquisition company. It’s a bold move with ride-hailing company Didi's experience as a public company in New York still so raw.