Drew Bernstein, co-founder and co-chairman of Marcum Asia, is quoted regarding Hong Kong SPAC trends.

Excerpt

“Drew Bernstein, co-founder and co-chairman of Marcum Asia Accounting Firm, told a reporter from the Economic Observer Network that Hong Kong has formulated a series of rules aimed at protecting investors in the SPAC design. For now, these rules may make it more difficult to complete a deal.” In the long term, SPACs may be an attractive option for Chinese companies that want to go public but are not in the industries most likely to conduct A-share IPOs quickly," said Bernstein.

Click here to read full article as PDF >>