Font Size: a A A

SMEs In The Overseas Listing Of Causes And Factors

Posted on:2015-05-04Degree:MasterType:Thesis
Country:ChinaCandidate:H WeiFull Text:PDF
GTID:2309330467465865Subject:Engineering
Abstract/Summary:PDF Full Text Request
Since the reform and opening up, China’s small and medium enterprises began to appear as if springing up in all walks of life, with thirty years of development, China’s SMEs have become an important part of China’s socialist market economy, for our national economy made a significant contribution to the development of exports. With the development of SMEs in China, with the inception of the SME financing channels exist nowhere it has not been effectively resolved. For a long time, although debt financing is the best way of external financing for SMEs, but are subject to various conditions due to relying on debt is difficult to meet the financing needs of SMEs, so listed on the needs of SMEs in China is inevitable, due to the IPO conditions IPO’s move to suspend the increase and occasionally makes many SMEs choose to go abroad market.2010can be described as Chinese companies listed overseas boom years, due to the impact of foreign collective short, in2010China after overseas listed companies rushed to decline, but still there are some in the world have a profound impact on the case, such as the2014Sina microblogging NASDAQ, Chinese social media become the first listed worldwide. May the same year, Jingdong Mall announced the successful listing on the Nasdaq, Alibaba has also been listed on the NYSE under their influence, the market value of two hundred billion US dollars.Focus of this study is that the cause of SMEs in China and overseas listing status quo, and on this basis, to provide a reference for SMEs listed on our views, yet at the same time to control the risks already listed companies or companies that will be listed on the proposed construction observations. In this paper, the structure of a total of the following components:firstly introduced and their status in the status of overseas listing of SMEs in China; secondly analyzes why SMEs in China are willing to go abroad market listing, consider a deep level reason; again on this basis, combining the SMEs listed overseas after the performance, given our upcoming listing of SMEs and went overseas listing.At present, SMEs in China went overseas market mainly from the finance, corporate governance and corporate regularization overseas strategy perspective. At present, China’s SMEs either can not meet the financing needs of enterprises or state-owned enterprises listed by the bank lending channel, and therefore in this context that went overseas listed companies has become one of the channels of its financing. Due to many factors, China’s small and medium enterprises in the process of overseas listing of the various risks that should be considered a good listing of, and be able to experience various problems when handled correctly.In this paper, the status quo of China’s small and medium enterprises in the overseas listing of currently reviewed, focusing on small and medium enterprises to go abroad to study the causes and factors listed and uses fuzzy comprehensive analysis from the perspective of the conditions listed quantitatively compare Shenzhen, Hong Kong and satisfied Nasdaq IPO ease the three GEM market, and make recommendations based on quantitative analysis to the future development of the Shenzhen Stock Exchange GEM IPO market, and finally to provide SMEs and Risk Control Measures listed overseas after a comprehensive text.
Keywords/Search Tags:Small and Medium Enterprises, Overseas listing, The reason, Fuzzy comprehensive analysis, Countermeasures
PDF Full Text Request
Related items