The Research On Location Selection Strategies Of Chinese Companies In Cross-border-listing

The globalization of the marketplace for capital and the pervading of information technology in the capital market have obscured the lines between country borders. In response to this globalization trend, increasing numbers of companies have chosen to raise capital through equity issues beyond the borders of their home market to satisfy the growing demand for capital.This paper examines the foreign listing experience of Chinese firms. Specially, I look at Chinese firms' cross- border-listing in Hong Kong , the U.S and Singapore. The main issue I aim to address in this paper is the strategies of choosing proper listing locations in foreign exchange with relevance to characteristics of different foreign exchanges. Also, the main problems of Chinese companies in choosing proper foreign markets are mentioned through study on some cases. Hopefully, this paper can be viewed as a kind of basis on which current Chinese companies choose proper listing locations at foreign stock exchanges.