Drew Bernstein, Co-Chairman, MBP was quoted in Jumpstart Magazine regarding Chinese IPO activity amidst current world events that have impacted them.
By Sharon Lewis
“The U.S. has remained the gold standard because it offers things that the other markets don’t,” Bernstein explains. He points to its deeply diversified sources of capital, and the rank credibility that comes with a U.S. listing. “Further, raising $100 million in the U.S. is not the same as raising $100 million worth of RMB in China,” Bernstein adds.