Marcum Asia To Expand In Hong Kong As U.S.-China Tech War Shifts IPOs
By Russell Flannery
Drew Bernstein, co-chairman and co-founder, Marcum Asia was interviewed regarding the firm’s expansion in China.
A key question international investors are asking themselves about China today, he said, is whether the country is “uninvestable” or “unavoidable.”
“My answer to that obviously is that it’s unavoidable,” Bernstein said. The country dominates the markets for solar panels, batteries for electric vehicles, electric vehicles, and this year will be the world’s No. 2 car exporter.
“Whether you choose to invest in Chinese equities or not, it’s probably going to have a huge impact on how these sectors evolve. I’ve been through lots of cycles where people fall in love with China, fall out of love with China and fall back in love,” Bernstein said.