Study Of Reasons And Countermeasure For The Failure Of IPO In China’s Securities Market

It is well known that the rapid development of China’s securities market constantly boosts the rapid development of China’s economy. The development of securities has brought great economic benefits, thus a large number of scholars have carried out a detailed study on this aspect one after another to find the better prospect of securities development. The securities market is a very large market whose constant development can’t be controlled by a single company but depends on the participation and cooperation of many companies. For investors, if they want to gain more profits, it is indispensable for them to establish more ways to invest, thus, cooperation among companies is essential for securities market. To pursue better development, many companies make every effort to join the securities market to seek a new way for development. The two will both gain more benefits. Hence, more and more scholars begin to study IPO at present and many scholars are moving towards further study. Some foreign scholars are now very interested in the research on IPO and have made some achievements. However, there are still deficiencies in these studies, for many scholars prefer to study the under pricing, control of earnings and performance management of IPO, but carry out little research on other aspects. Through using the case analysis method and selecting a representative company, this paper analyzes the reason that the enterprise’s IPO was denied, and summarizes some suggestions and countermeasures. The content of this paper is practical with a specific, scientific and reasonable research method.Based on the review of relevant literature information, this paper studied this company deeply. And it is divided into five chapters to be explained. Chapter 1 introduced the purpose and significance of the study, and also cited some views of domestic and foreign academics; Chapter 2 focused on some related IPO concepts; Chapter 3 analyzed the case of Hainan Rubber Company, and compared the first and the second prospectuses and others; Chapter 4 summarized the research conclusions and countermeasures, I hope it can bring some convenience to the later company; Chapter 5 pointed out limitations of this paper.