The video will be restructured in storm gem listing
April 7,, media reports, XiongXiaoGe confirmation, IDG dollars investment have withdrawn from the storm video; The storm will restructuring, video in gem listing. The storm is not the first one to video “overseas structure” of the company. Focusing technology (300203 SZ) had quietly made, and in April 5 officially land gem, financing is as high as 900 million yuan. Buy Microsoft Office to help your office work.
At the same time, some companies are doing this. Even in the company has been listed abroad, planning to withdraw from the market return from abroad A share.
Once upon a time,China’s high-tech enterprise flocked to overseas listing, and listing in many won one or several overseas fund investment-financing, listed in overseas, founding partner ZhongXiaoLin jiangnan capital means “two head out”. Said this, ZhongXiaoLin just KaiPengHua surplus from leaving, he said two head out of PE industry, won’t be a great industry.
The two ends of the outer mode, spawn a noun “sina structure”–that is, fund to cast as the main body of the company, no changes to the main body of the fund company equity structure, and the founder of main body shall be separately to set up a offshore companies; Fund to the offshore company, offshore company capital injection, subject to the main body of the company shareholders equity for offshore companies pledged; And then, signed a series of agreement, Outlook 2010 is discount for this month.
to ensure that offshore companies of the control of the company.
A “sina structure”, the company will want to return to the a-share listed, remove sina structure, changed into A joint company, main is in trouble, and return to program A share real problem is: two market, the story between standard is not the same.
Listed abroad is business model first, market share, even if it is the first enterprise listed still and it doesn’t matter when losses; A stock market performance, but speak, the CSRC made clear: on the mainboard requirements for three consecutive years; enterprise profit There are two sets of standards gem: two years ten million, profit growth; Or a profit in five million, recently revenue fifty million, over the past two years operating income growth rate of over 30%.
A shares in the high p/e ratio entice A share of the enterprise, strict requirements and ShenPiZhi profits and make the enterprise stop. If, say, the structure of the company with sina hesitated, many companies have in “voting with their feet”, back or on his way back.
As shown in figure, open since 2009, A gem board of enterprise and quantity of IPO or junk-rated, of global IPO market share in the hugely increased. In 2011, A quarter of the amount is IPO exclusive heavily-accented screams.Libyaevents and Japanese earthquake on the global market, there is quite A shock, some company plans for an IPO market volatility and temporarily postpone, A shares but fat. Under the reciprocal, A shares have this amazing data.
But Chinese enterprise in the listed abroad in 2009, after the outbreak began to slide. Chinese enterprises overseas agencies hunted by the topic will also be constantly, Office 2007 key is on sale now.
the original plan overseas listing enterprise return A shares, also can appear in succession. International board is being planned, foreign enterprise in a-share listed, also will come soon.
Xie had, in talking about the international trade points out,Chinano servant girl mentality, can no longer expect to theUnited States, and himself out in a new way. In fact, the capital market might it not so??Enterprisefinancing, listed “two head out” will slowly become the mainstream, the best Chinese enterprises in the local financing is the mainstream.
