Drew Bernstein's exclusive interview with STCN about Hong Kong IPO is expected to return to the top three in the world
In the News | Oct 18, 2024
Drew Bernstein, Co-Founder of Marcum Asia, told Securities Times that Hong Kong’s IPO market, boosted by Midea Group’s US$4.6 billion listing, has regained momentum and re-entered the world’s top five exchanges, with potential to return to the global top three by year-end if secondary market activity remains strong and high-quality companies go public. Bernstein emphasized Hong Kong’s unique role as a near-shore listing venue for Chinese issuers, offering access to international investors and convertible currency while avoiding some U.S. regulatory risks, though he noted that for companies seeking a truly global brand, a U.S. listing remains highly attractive.