Chinese Concept Stocks’ Delisting From America And The Influence

Since 2010,Chinese concept stocks which listed overseas,especially on the U.S.capital market due to a small number of corporates’ financial fraud,disclosure violations of information,drew a lot of short agencies who then short in the range of the whole Chinese concept stocks.Under the common function of internal and external causes,the whole Chinese concept stocks Fall into the mire of breaking faith,which caused their stocks went down,and until now they are in the situation of undervalue.Therefore,many companies have chosen to withdraw from the stock market,in addition,it happened to a bull market in China in 2015 when the domestic market value of the company was a lot of overvalued,which contributed to the stock from the United States delisting and once again form a delisting tide.Under such circumstances,this paper makes a systematic analysis of the reasons for the Chinese enterprises to go to the US market,the situation of Chinese concept stocks in the United States,the reasons and the impact of delisting in the United States market,and takes the QIHU360 who has completed the delisting as an example to quantitatively analysis the reasons for the privatization of stocks by using the absolute valuation method and the relative valuation method,and to make a qualitatively evaluation of the behavior of delisting.Finally,it analyzes the impact of the delisting of Chinese stocks,and gives suggestions for Chinese enterprises to list and the construction of Chinese capital market.