Urgent Need for the Pre-IPO Review Mechanism of Chinese Companies Listing in the U.S.
Journal: Modern Economics & Management Forum DOI: 10.32629/memf.v2i3.384
Abstract
In the past 20 years, it seems very common for many Chinese companies to apply for listing in the United States. Some of them are affected by objective factors and some of them have their own financing needs. However, according to the research, it is found that the actual situation of such Chinese enterprises listed in the United States is uneven, and there are many well-known enterprises that have been exposed to financial fraud or other scandals. Based on the analysis of the reasons and situation of Chinese companies going to the United States for listing, taking the tension which has risen between Washington and Beijing into consideration, the author puts forward the conclusion that China needs to establish a pre-examination mechanism for Chinese companies going to the United States for listing.
Keywords
Chinese companies, American stock market, venture, capital income
Full Text
PDF - Viewed/Downloaded: 20 TimesReferences
[2] Li Xuan, Guo Ying, Xu Hao. Why do Chinese Firms Choose to List in U.S.and the Trend Change. Economic Research Guide. 2019; (22): 95-104,106.
[3] Jiang Shan, Wang Chen. The Way to Solve the Confidence Crisis of China Concept Stocks. China Business Times. No. 003, 2020.04.09.
[4] Xu Lifan. Chinese companies being restricted from listing in the United States may not be all bad things. China Business Times. No. 003, 2020.12.01.
Copyright © 2021 Tingting Zhang
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License