| With the vigorous development of China’s capital market,more and more companies listed in the United States choose to delist by means of privatization and return to the domestic capital market in various ways to obtain greater benefits.Even after the China securities regulatory commission issued a series of new rules with tightening policies in 2016,a large number of companies have been delisted through privatization in the hope of returning to the domestic capital market.In the face of this phenomenon,EJ,as a representative real estate company,carried out privatization and delisting in 2016 and successfully listed in Hong Kong capital market of China in 2018,bringing corresponding improvement for its own development.To this end,this paper focuses on the "motivation of the privatization of e-house China","the market choice of re-listing" and Mthe performance brought by re-listing",hoping to get some inspiration from it and provide reference for other companies in need.First of all,this paper starts from the existing relevant literature and research.elaborated the privatization and relisting related research and real estate industry related concepts.From e-house(EJ)company of China and many years of development,business direction,such as the company’s performance for comb sumlary,analysis the e-house China(EJ)more clearly the privatisation of motivation,at the same time,comprehensive study e-house China(EJ)implementation after delisting selection and facing delisting for its risks,and the final listing for successful efforts and achievements.Subsequently,through the research,collect the relevant data from the profit ability,debt paying ability,operation ability analysis e-house group listed on the Hong Kong capital markets after the financial performance,and analysis of the plate after the list again to the company’s operating performance,tremendous improvement brought by the enterprise value,and the status of enterprise in the industry get corresponding improvement comprehensive research of enterprise turn plate impact on various aspects of the listed again can.Finally,the paper summarizes the effect and influence of the re-listing of the company privatized by e-house group,and expounds the enlightenment received according to its operation mode,hoping to provide reference value and guidance for the overseas listed real estate companies planning to return or in the process of returning.To sum up,in this paper a detailed evaluation of the group as a case,a comprehensive analysis of the whole process of the listing of its privatization and rotating plate again,and again after the performance,can let the other companies that have the willingness to recognize the turn in the current situation through privatization board list again to get the difficulty of interest and as a result,at the same time to carry out the work of the company to provide the reference basis. |
