Research On The Causes And Effects Of JR Network Regression To A Shares

Since 20th century,Chinese Internet enterprises have been going overseas for many times because of the long history of overseas capital system,the relative maturity of capital market.the abundant resource advantage and diverse channel advantage of securities market.Perfect institutional advantages have attracted a number of high-quality household Internet company to go far too abroad for listing.However,since 2014,a large number of Internet companies listed overseas have chosen to with draw from the foreign stock market.It is not difficult to find that the opening of national policies and the emergence of a bull market are the main driving forces for these Internet enterprises to return to China.At present,the government pay more and more attention to the securities market construction and the domestic securities market’s improvement,with the accleleration of national economic development,the domestic capital market is also constantly improve their own competitiveness,in order to gain a foothold in the international securities market.,the domestic capital markets constantly send "signals" calling these excellent enterprises to return to the domestic securities market.It is undoubtedly that will play an important role in promoting the reform of the domestic capital market.However,we cannot simply assume that the return of these enterprises to the Chinese stock market is 100%correct.We should also consider that in this boom of returning to China,we should also consider of it.Enterprises are just blindly following the crowd mentality or speculative psychology.After careful and rigorous objective analysis,he determined to back to China.And what kind of risks and opportunities do enterprises face when they return to China to go public?therefore,This article mainly selected case JR network to return to China on the back door listing..As the second enterprise to privatize and return to A shares,JR network has been privatized and withdrawn after several years of listing in the United States.Also quickly completed A-share listing,is a very typical Internet enterprises to return to China.This paper has five main parts,the first part of the introduction mainly set the tone of this paper,introduced the main point of this paper in the general environment,the second part mainly explains the Internet enterprises,privatization,The related concepts of backdoor listing and the theory of delisting basis.,this paper discusses the current situation of the current research.The third part analyzes the process of privatization and delisting of Jr network in detail.This paper analyzes the specific reasons for the return of Jr network.Part 4th mainly analyzes the effect of Jr network when it is listed in the United States and after returning to China,and combs the process of JR network returning to China for backdoor listing.This paper analyzes the operating performance of Jr network after returning to China.The 5th part isPolicy recommendations,to Internet companies,investors and domestic capital market recommendations and future prospects.The innovation of this paper mainly lies in the selection of the second company that delisted from overseas and returned to A shares.JR network also is the fastest returning Chinese’s shares,JR network as an example to carry on the concrete analysis.This makes the case study more reference value and reference value.This paper studies the motivation of Jr network to return to China and analyzes the effect of its return to the market.In return for the wave of listing in the Internet enterprises to provide a certain reference.