Research On The Return Of Overseas Listed Companies To A Shares

At the present stage,some enterprises have gone abroad for listing and financing in order to expand their living space and maximize their economic benefits.As a form of enterprise development,overseas listing financing has effectively promoted the new development of enterprises.However,with the outbreak of the trust crisis in 2010,China's overseas listed companies have emerged privatization delisting trend.Between 2011 and-2013,about 90 stock companies launched the U.S.securities market.In the past two years,the cases of Chinese listed companies returning to A shares have gradually increased.The research on the return of A shares to overseas listed companies has also become the focus of academic attention.In the research,the author mainly expounds the basic situation and reasons for the return of A shares to overseas listed companies.In addition,the research of this paper has important theoretical and practical significance.On the one hand,this study can enrich the basic mode and theory of the return of A shares to overseas listed companies in china.On the other hand,the research can provide feasible paths and feasible ways for more overseas listed companies to return to A shares.Perfect world Limited by Share Ltd(hereinafter referred to as the perfect world)as an overseas listed game company,at this stage also opened the process of return A shares.However,there are many risks in the process of returning A shares to the perfect world.These risks have greatly restricted the further growth of enterprises.For example,how does the perfect world return to the A stock,what way to return,how to change the financing policy,and how to deal with the company's internal and external changes in the environment and other risks?.To solve this risk,we can realize the perfect world to return to A stock.And for other overseas listed companies to return A shares to provide reference.In view of this,in my research,I take the research status of A shares of overseas listed companies both at home and abroad as the logical starting point,and take the perfect world as the research case of this paper.Reveals the reasons for the return of the perfect world to the A stock,ways and how to change the financing policy.And through case analysis and literature analysis of the combination of ways to explore the United States and the world to return to A shares of countermeasures and enlightenment.So as to provide a strong reference for overseas listed companies to return to A shares.In this study,we find the following conclusions.First of all,the key reason for overseas listed companies to return to A shares is that their stock prices are undervalued,and the reason for the underestimation is that the stock price is undervalued based on the external environment.Backdoor mode has become an important model for overseas listed companies to return to A shares.Secondly,the perfect world to take the backdoor listing model,given some overseas listed companies to return A shares guidance.Especially in the game industry,overseas listed companies can use this approach.Finally,after the overseas listed companies return to the A shares,great changes will take place in all aspects.Especially in debt,creditor's rights structure and so on will have the huge change.