A Study Of Focus Media’s Return To Domestic Market

Since 2010,the China concept stocks have suffered a huge crisis of confidence in American capital market.More and more China concept stocks in the privatized began to seek to return to the A-share market.In 2015,A lot of China concept stock companies seek to return to the Domestic capital market.There are 32 listed companies in the US have this plan.This figure exceeds the sum of the total from 2010 to 2014.Why so many overseas listed companies have chosen to return? On the one hand,the domestic regulation of overseas listed companies is becoming more and more strict,while the acceptance and financing ability in the US.capital market has been disappointing,but the domestic capital market policy is more favorable.The high valuation,high earnings of domestic listed companies have attracted a large number of stocks of companies delisting regression.However,in order to avoid speculation and the adverse impact of domestic stock market.In 2016,the Supervision department make a statement about the suspension of the China concept stocks return.With the change in policy direction,hot stocks return tide began to cool.the privatization of the China concept stocks began to stop or wait to see how it going,And the companys which just completed the privatization or are on the road began to face to frustrations.Under this background,taking Focus Media as an example.this paper focus on the whole operation process of this privatization,the removal of VIE architecture,the return of A shares to analysis.Then,the author offer some proposals to help the China concept stocks to make the decision.