Scheme For New Dynamic International Listing In NASDAQ

In the next decade, thanks to rapid economic development and huge population, China will become the most potential market in education and profession training. Meanwhile, there will be increasing number of private education corporations established in China. However, restricted by the interrelated laws and regulations, it is extremely difficult for private education corporations in China to acquire investment in domestic capital market. Therefore, to list in foreign stock market, especially in American stock market, becomes the exclusive choice for Chinese private education corporations to acquire investment and develop rapidly. In this thesis, combining theory and practice, the author introduces some theories relating with cross-listing and capital structure, and make a scheme for a private education company in English training, who intends to list in NASDAQ. Firstly, theories are reviewed and the reason why Chinese education corporations have to seek financing by listing on stock market is explained. Furthermore, financing methods, choosing of stock markets and some hypotheses relating with listing in foreign stock market, such as, market segmentation hypothesis and investor recognition hypothesis, are introduced in the next chapter. In addition, the author takes New Dynamic International English as an example to analyze its inherent reason to list in NASDAQ. At last, the author introduces the way in which New Dynamic International English implements its corporate governance and designs the process to list in NASDAQ for the company.