Research On The Reason,Path And Influence Of China Concept Stocks Regression

In recent years,the return of China concept stocks has become the focus of public attention.Enterprises needs adequate funds to support their own development.In the early Chinese capital market,there were many restrictions on financing and the system was not perfect.Financing was difficult.Many large domestic companies chose to go overseas for listing,such as China’s Sina,Alibaba,Sohu,etc.These companies have obtained the funds needed for their own development and enhanced their reputation in order to provide impetus for the growth of their companies.With the development of China’s economy,the domestic capital market is gradually improved,and the regulatory laws and regulations are increasingly sound.As a result,more and more Chinese companies choose to return to the domestic capital market for listing and financing.This paper makes a detailed study on the reason,path and influence of the whole regression of Chinese concept stocks and use Ming Yang Smart Energy as an example.Finally,this paper draws the conclusions and provides some suggestions.This paper analyzes the differences of listing threshold between Chinese capital market and foreign capital markets,the needs of enterprises’ own development and relevant laws and regulations in detail,and then summarizes three reasons for the overseas listing of Chinese concept stocks.This paper also analyzes the differences between the valuation of Chinese listed enterprises and foreign listed enterprises in recent years,changes in the capital markets and relevant institutional arrangements in detail.Then this paper summarizes three major reasons for the return of Chinese concept stocks.At the same time,this paper summarizes four types of regression paths of Chinese concept stocks from the representative cases of returning Chinese concept stocks.Finally,this paper analyzes the impact of the return of Chinese concept stocks and give the suggestion that these companies should be operated with caution after returning to China capital market.This paper’s analysis of the case of Ming Yang Smart Energy also corroborates the above analysis conclusions of Chinese concept stocks.Ming Yang Smart Energy needed to upgrade its industry and needed financial support urgently.At the same time,the foreign market showed the positive trend in its industry.Therefore,Ming Yang Smart Energy chose to list on the New York Stock Exchange,which had a relatively low threshold for listing.In the following years,the capital market environment in China and the United States has been constantly changing,and the domestic market has gradually shown more and more advantages.However,short selling attacks and biased supervision on overseas stock markets have led to large fluctuation in many Chinese stocks’ price.Finally,considering the needs of its own development,Ming Yang Smart Energy chose to return to the domestic capital market.Through a lot of efforts,it successfully listed in the domestic A-share,which took a very short time.After returning to China,Ming Yang Smart Energy expands rapidly.But there are still many problems in their process of expansion such as high debt ratio.Accordingly,this paper puts forward some suggestions for improvement such as prudent operation and timely adjustment.The contribution of this paper is to provide some useful references for the return of Chinese concept stocks in the future and draws the conclusion that the privatized delisted Chinese concept stocks companies should rationally choose the return method in combination with their own characteristics and market conditions,and operate prudently.