| In the early years,the development of my country’s capital market was not complete,which was far less than the mature capital markets that had been mature abroad,which led many domestic companies to choose overseas listing.After more than ten years of development,the economic growth of our country has grown rapidly,and the system of the capital market has become more and more complete.With the targets of foreign capital markets,more and more Chinese companies listed overseas have chosen to return to listing,especially those listed in the United States.enterprise.Sino-US trade frictions are becoming more and more frequent.The United States has frequently introduced policies for Chinese companies,which has caused these overseas listed companies’ stock prices to be affected.In addition to the attacking institutions,the future development of Chinese stock companies is not optimistic.At the same time,the Chinese Hong Kong stock market is relaxing policies and reduced thresholds,and the return of Chinese stock companies is welcome.So China Stocks began to usher in the wave of return.For example,Alibaba’s second listing in 2019 has aroused the attention of everyone.In recent years,there have been more and more Chinese stocks,the way of regression,the cause of the regression,and the effects of the return after the return.Based on this environment,this article decides to study the cause and effect of the regression of China Company X.After reading a lot of research documents related to previous Chinese stocks,I have some ideas for the research ideas of China Stocks.I have determined the research framework in combined with related theoretical research,and in recent years Company X as a research object.After the preliminary thesis research framework was determined,the content was further added,and it was determined that the article mainly studied the reasons for the return of the company to the listing of companies,the choice of path,and the effects of returning to the market.The research method adopted is the case research method,the event research method,and the financial data analysis method.The research case is that the company X returned to Hong Kong to go public this time.Essence Event research law and financial data analysis laws are to study the effect of the second listing of Company X,observe the market response,and study the impact of its company’s listing on the four major financial capabilities.After in-depth research,the conclusion is as follows: In terms of mobility,the external reasons for Company X to choose to return to Hong Kong for the second time are changes in the market system from the United States and Chinese Hong Kong.The system has been open and tolerant.The second is because the frequent obstacles of the shorting agency have led to the decline in the overall stock price of the Chinese stocks listed in the United States.The internal reason is that Company X needs to get more funds and reduce the maintenance cost of listing.In the case of internal and external problems,Company X has made this choice.In terms of effect,Company X has indeed received a lot of financing after listing in Chinese Hong Kong,and the stock price response is relatively positive.However,the stock price of the US market is negatively affected.Essence... |
