In combined with domestic history and financing market start-up Internet enterprise financing channels is very limited,although realize overseas IPO financing,but foreign investors to the domestic Internet enterprise business model and business philosophy,companies such as refinancing and sustainable development,leading to the almost privatisation retreat city return to the domestic capital market.Based on the enterprise external environment and their own point of view to analyze the agent shall return to A shares in the market,from the external environment both inside and outside the big difference in the valuation of capital market and the domestic policy of the stock will return to make positive preparation,there are also generalized regression can enrich A shares in the market of the investment structure and industry level,at the same time for domestic investors to provide quality assets.From the enterprise itself in any shares in the stock market has long been underestimated face refinancing difficult or even the risk of delisting,in part,is stock for the transformation of enterprises internal management pattern and deepen the need to choose suitable capital market environment and enterprise to return to the benefits far outweigh the costs.Through the case analysis method are used to prove that representatives of the giant Internet companies to return to the motivation,namely due to overseas investors for enterprise product diversification does not recognise the game cause undervalued,and compared with the domestic game exists big difference in the valuation of listed companies,and overseas short-seller suppression of the enterprise itself,the giant network return to refinance,return by raising money second outbreak of enterprise’s value.The current domestic study is stock return in the thesis,mainly privatisation and privatisation law risk research related theory,is in for stocks are shares in regression research has focused on the overall market and data selection is too single,not combined with the concrete case to analyze in detail.This article utilized the probable strands of privatization in relative prices,within the territory of generalized index,index data,such as through financial analysis,market analysis,risk to discourse analysis of stock return motivation.In this paper,the innovations and deficiencies;Innovation point lies in through the specific case analysis is the reason of stock return,using financial and market data to illustrate the giant network of return in the main business income and the company’s share price has a significant rise.Deficiencies in the analysis of the data processing without strong logical relationship,loose analysis system.Full text discusses the motivation,process and methods of the giant network return to show in the generalized regression rationality,by comparing the giant network and the domestic game between the listed company’s financial and market performance,to intuitive giant can explain why the return on earnings and stock price rose sharply,thus in the depth of mining is the reason of stock return.Final conclusion also shows that the regression enterprises in both revenue growth and share price appreciation is recognised by the physical market and capital market,the Chinese a-share stock market but also enrich the investment structure and industry structure.The domestic capital market should welcome excellent are shares of the company in return,is of positive significance not only for the company itself,but also to China’s a-share market has A positive influence. |