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) -0.370 (-7.692%) 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.(HK stocks quote is delayed for at least 15 mins.)Related NewsHSBC Research: Active Capital Mkt Remains Key Catalyst; BOC HONG KONG/ BANK OF E ASIA/ HKEX Preferred