| Since the nineties of last century,global integration has been rapid and equity financing has become international.Especially in China’s small and medium-sized Internet companies,almost without exception,choose to go overseas listing.Overseas listing has become a high-tech enterprise financing trend,in academia has become a management,financial field of study favored.In China’s Internet companies,the vast majority have chosen to go overseas.However,everything has a double-edged sword.This paper chooses Nasdaq-listed Sina microblogging as the object of the case,through the analysis of its financial performance after listing to study the impact of overseas financing listing on the pros and cons of enterprises,hoping to be listed for the domestic Internet companies to provide constructive suggestions.This chapter is divided into five parts in the chapter: The first chapter is the introduction.The content is about the research background and significance of the topic selection,research methods and research framework,and literature review at home and abroad,focusing on the research framework and ideas.The second chapter is about the overseas listing theory of enterprises review,expounded the main theoretical concepts and key definitions of the paper.The third chapter is the history of overseas listing of Chinese Internet companies,introduced the upsurge of overseas listing of Chinese Internet companies and the performance of the first day of the market,and expounded the driving factors of China’s Internet companies to go overseas.The fourth chapter is a case study.Firstly,it introduces the growth course of Sina microblog,then analyzes the overseas listing process of the case enterprise,then analyzes the financial performance of the enterprise with the data of the financial statements,and analyzes the growth ability of the case enterprise with the Internet operation index.Finally,the case is summarized.The fifth chapter is the conclusion and the shortcomings of the study,through the fourth chapter of the case analysis,research conclusions. |