Insights

Why China’s COVID Comeback Is Still In The Early Innings, With Upside Ahead
4 min read
Why China’s COVID Comeback Is Still In The Early Innings, With Upside Ahead
By Drew Bernstein on March 23, 2023

As China emerges from the strict "zero COVID" policies that kept its 1.4 billion citizens largely confined for nearly three years, the world watches closely to see how its economy will...

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Vietnam’s Emerging Companies Poised for Global IPOs: The Next Frontier in Southeast Asia’s Capital Markets
4 min read
Vietnam’s Emerging Companies Poised for Global IPOs: The Next Frontier in Southeast Asia’s Capital Markets
By Drew Bernstein on January 19, 2023

Vietnam’s capital markets, long considered a closed and relatively insular environment, are beginning to open up as a new generation of ambitious companies emerges. Despite recent...

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Showdown in Hong Kong: A Key Victory for U.S. Oversight as Chinese Auditors Open Access
3 min read
Showdown in Hong Kong: A Key Victory for U.S. Oversight as Chinese Auditors Open Access
By Drew Bernstein on December 12, 2022

The stage was set for a financial showdown of epic proportions. Two hundred Chinese companies faced the threat of being delisted from U.S. markets, a staggering $1 trillion in market...

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Door Half Open | Why I am Still Optimistic About China
11 min read
Door Half Open | Why I am Still Optimistic About China
By Drew Bernstein on October 28, 2022

Why I Am Still Optimistic on China It’s chic to be bearish about China these days. You don’t even need to look at the stock charts. Just sample a few of the headlines.

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SEC Proposes Rewriting the SPAC Rulebook
8 min read
SEC Proposes Rewriting the SPAC Rulebook
By Drew Bernstein on April 6, 2022

At an open meeting on March 30, 2022, the Securities and Exchange Commission proposed far-reaching changes to the regulations of special purpose acquisition companies, or SPACs, that could...

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Are SPACs Still Going Concerns?
3 min read
Are SPACs Still Going Concerns?
By Drew Bernstein on February 8, 2022

An unprecedented number of funded SPACs will lead auditors to take a hard look at their viability Heading into the audit season for 2021 financial reports, expect independent public...

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The Big Freeze for Chinese IPOs
5 min read
The Big Freeze for Chinese IPOs
By Drew Bernstein on February 7, 2022

Smaller deals will test the appetite of investors amid a new regulatory landscape At the end of June 2021, Chinese IPOs were on track to post a record-breaking year. Didi Chuxing had...

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China Takes Control Over Offshore Listings
5 min read
China Takes Control Over Offshore Listings
By Drew Bernstein on January 18, 2022

For two decades, IPOs by most Chinese companies on U.S. stock markets have existed in a regulatory no man's land. Technically, investment in the sectors most enticing to overseas investors...

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How Much Cash Is in Your SPAC?
4 min read
How Much Cash Is in Your SPAC?
By Drew Bernstein on September 23, 2021

If you look at the headline numbers, SPACs appear awash with cash. In 2021 alone, 436 SPACs have raised $126 billion, for an average of $289 million apiece, according to SPAC Insider....

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Will SPACs Catch Fire with Asian Tech Tigers?
13 min read
Will SPACs Catch Fire with Asian Tech Tigers?
By MBP Team on July 21, 2021

Ticking clocks, clogged PIPEs, China's listing crackdown, and Singapore’s big news are the talk of the Asia SPAC forum Last week, a flurry of news was made at the inaugural Asia SPAC...

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