January 16, 2024

Drew Bernstein, co-founder and co-chair, Marcum Asia published an article on Forbes.com regarding the 2024 IPO market outlook in China.

Will China IPOs Stage A Comeback In 2024?

Forbes.com

By Drew Bernstein

Drew Bernstein, co-founder and co-chair, Marcum Asia published an article on Forbes.com regarding the 2024 IPO market outlook in China.

Excerpt

Last year, 25 IPOs in the U.S. markets were launched by China-based companies. Most of these new listings were very small deals of $20 million or less, with only one IPO above $100 million. As a result, they had minimal institutional participation and a thin float that could produce stomach-churning volatility. None of the companies that were listed had corporate brands recognizable outside of China. 

Could 2024 be the year when China’s IPO market finally finds its footing? Aside from the fervent prayers of Hong Kong and Beijing-based investment bankers, there are some grounds for optimism.

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