Drew Bernstein, Co-Chair, Marcum Asia, is featured in the 21st Century Business Herald with an exclusive market update interview

Excerpt:

“Interestingly, IPO activity in China’s A-share market is still very strong. China’s central bank has been adding liquidity even as the rest of the world tightens monetary policy. In addition, the A-share market has benefited from a large number of companies in need of growth capital, and some investors have also turned their savings into financial assets. How will it develop in 2023? And let’s wait and see.”

“If the IPO market rebounds in the future, companies first need to accept the new reality of more rational valuations, and investors need to start profiting from existing holdings. The recovery of the IPO market typically lags several quarters of the stock market, and stock prices often herald a recovery in the real economy.”

“Can Chinese companies continue to effectively list in the U.S. market? This is still very promising, and all market players are watching developments in this area closely. As more information is disclosed, the situation will become clearer.”

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