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Analysis Of Valution Factors For The Return Of China-concept Stocks

Posted on:2018-08-03Degree:MasterType:Thesis
Country:ChinaCandidate:Y N WanFull Text:PDF
GTID:2349330512967226Subject:Accounting
Abstract/Summary:PDF Full Text Request
In recent years, Chinese companies listed overseas boom gradually takes stock of the ongoing return of hot overshadowed, among the reasons, Mainly the development of many concept stocks in overseas markets has not been easy, since foreign investors lack of understanding of the company's business and the business model, so that some companies face the stock market value has long been underestimated, financing blocked, and so the situation is short. In 2015, with the Chinese stock market revival,more and more stocks have been overvalued, while the domestic regulators continuously releasing good news to greet the return of china-concept stocks.which swept away many policy barriers for the return of the Chinese stock overseas. If the companis choose back to A-share listed to achieve even a premium valuation repair,using a variety of financial ways to meet the needs of the valuation arbitrage,return is necessary.This paper is divided into six parts.The first part is the introduction,describing the research background,the litercture review and theoretical basis,and the basic idea; By a brief overview of the different listing rulesOF China and the US stock marke, the second part understand the need to pay the cost of financing a company through the listing, Learning that the company achieved cost financing to be paid by the market, combined with the United States market share in almost the next boom in the background of the development of the US stock market, the influx of delisting Factors Affecting the Rise; The third part analyzes the factors that influence takes shares in the privatization of delisting from the influx of external causes and valuation factors in two dimensions, obtained high valuation of A shares is the main movers shall share in the company due to return, as well as the substance of the return of the valuation difference is the use of cross-market arbitrage; The fourth part is about the IPO, backdoor and issuance of three ways arbitrage valuation analysis takes stock; The fifth part of the earlier storm group regression to verify and select three kinds of differences in valuation and valuation methods Storm Group examines the value of its listed A-share market, and come back as an example takes shares in A under high valuation stocks is a wise choice for the environment to maximize the interests of shareholders; This article explores the theme based on open hotspots, there are many new exploration and bold ideas in the study, there are still many problems in the future we will continue to improve learning?...
Keywords/Search Tags:China-concept stocks, Valution Factors, Valuation arbitrage
PDF Full Text Request
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