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 Management Bootcamp, a virtual conference presented by Marcum Bernstein & Pinchuk LLP (MBP), along with Baker McKenzie.

In Cross Border M&A, Investing in China, SPACs

All In On SPACs

March 19, 2021 | by Drew Bernstein, Co-Managing Partner, MarcumBP

Doug Ellenoff shares his perspective on what’s fueled the SPAC boom and why this trend has legs

In the past 18 months, many of the biggest names in finance have embraced SPACs, as they became an obsession of both retail investors and the financial media. So far in 2021, 264 SPAC IPOs have gone public, raising $77 billion — a pace of over $1.5 billion per trading day. This compares to 71 operating companies that have IPOed thus far this year, raising $30.1 billion.

In Cross Border M&A, IPOs

No Break in Asia’s M&A Festivities Says Euan Rellie

March 1, 2021 | by Drew Bernstein, Co-Managing Partner, MarcumBP

Private equity cash piles, soaring stocks keep dealmaker’s dance card flush

If any dealmaker felt the pandemic pinch, one would expect it to be Euan Rellie, founder of cross-border M&A boutique investment bank BDA Partners. The sun never sets on BDA’s sprawling network of corporate matchmakers, with offices across Asia’s burgeoning economies, New York, and London. But COVID travel restrictions meant bankers and clients alike had their wings clipped for most of 2020, unable to peruse the tasty corporate assets on offer in places like China, Vietnam, India, and Korea.

In Cross Border M&A, Advisory, China Economy

One Billion Customers, One Million Obstacles

March 27, 2019 | by Drew Bernstein

James McGregor on the Changing Business Environment for Multinationals Doing Business in China

Drew Bernstein interviews long-time China expert James McGregor, the author of One Billion Customers - Lessons from the Frontlines of Doing Business in China, on the challenges that multinationals face doing business in China today and the state of U.S.-China trade relations. Currently the Chairman of APCO Worldwide, Greater China, McGregor has spent three decades in the region as a journalist, venture investor, author, and now public affairs consultant to major corporations with operations in China.

In Cross Border M&A, China Joint Ventures, China Economy

From Copycats to Tigers: Why Chinese Tech Companies Can’t Be Ignored

March 18, 2019 | by Drew Bernstein

How Chinese Innovation Will Transform Tech Landscape

Judging from the headlines, you might think Chinese technology companies are on the ropes. The Justice Department has been investigating and indicting telecom giants Huawei and ZTE. Rising U.S. tariffs threaten to displace China’s dominance in the global supply chain for electronics. And Chinese internet Goliaths Alibaba Group (NYSE:BABA) and Tencent saw their market values shaved in 2018 by investor jitters over government policies and a softening economy.

In Cross Border M&A, Investing in China, China Economy, IPOs

Five Keys to Attracting Chinese Financing

March 28, 2017 | by Drew Bernstein

By Drew Bernstein

As China steps up as a major deal player, companies and advisers need to be able to view the world through Chinese eyes

In just the past few years China has gone from the world’s largest destination for capital investment, to a net exporter of capital. This flood of outbound investment is a game changer for the global economy, and needs to factor into the strategy of every company that is seeking access capital or maximize value for its assets.

In China Financial Due Diligence, Cross Border M&A, China Joint Ventures

The Coming Chinese Invasion: Why Wealthy Chinese Are Investing in US Assets

May 15, 2015 | by Drew Bernstein

By Drew Bernstein

In just a few decades, China produced the second largest population of wealthy and ultra-wealthy in the world. Today, China ranks a fast-rising #2 in both the number of millionaires (2.4 million vs. 7.1 million in the U.S.)* and billionaires (213 vs. 536 in the U.S.) ** globally. China’s top 1% own over one-third of total assets, quite astonishing in a putatively socialist country where most of the largest companies are still state owned enterprises.

In EB-5 Advisory Services, Cross Border M&A, China Real Estate Investment

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