Research On The Selection Of The Hong Kong Listing Model Of Chinese Companies

Hong Kong is an international financial center of the Asia-Pacific region.It is a gathering place for international capital and domestic capital in the Asia-Pacific region.It has a mature capital operation environment and perfect supervision system.It is close to domestic culture and cognition.It is the introduction of foreign capital by Chinese domestic enterprises Of the transfer station and the preferred place of overseas financing.As the number of domestic enterprises continues to increase,the demand for financing is growing.More enterprises through the listing and financing to expand the enterprise production capacity and improve the business in the industry's visibility and competitiveness,in view of China's securities market development status,especially the special nature of the approval system,more and more enterprises choose to overseas listing,Which listed in Hong Kong's domestic enterprises is particularly prominent.With the development of China's economy and the deepening reform of Chinese enterprises,the domestic enterprises that come to Hong Kong for financing and listing are more willing to choose the direct listing model,which has gradually become the main mode and aroused the concern and study of domestic scholars.Based on the research and practice of the mainland enterprises-JICHENG UMBRELLA HOLDINGS LIMITED,this article analyzes the problems encountered in the process of domestic listing and model selection,analyzes and summarizes the experience of listing in Hong Kong,the success factors of domestic companies listing in Hong Kong,the mainland listed in Hong Kong The issue of corporate listing model selection conducted a more systematic study and analysis.This article is divided into five chapters: The first chapter is an introduction.The main contents of this chapter include the research background and significance,literature review and theoretical basis,research ideas and research methods adopted.The second chapter is the text of the case.This chapter mainly introduces the introduction of JICHENG,listing introduction,listing model selection and preparation,compliance issues and solutions in the listing process,so that readers have a clear and clear understanding of JICHENG listing model for the next study basis.The third chapter is the JICHENG listing model after the analysis.This chapter mainly analyzes the factors and advantages that JICHENG choose to list in Hong Kong,the assessment of Hong Kong listing,the influencing factors of listing success,and the compliance management after listing.The fourth chapter is the enlightenment of other domestic enterprises in the choice of listing mode.This chapter combines the successful experience of JICHENG,and puts forward relevant suggestions and proposals for the domestic enterprises in Hong Kong's listing model and the choice of listing,the listing of work flow planning,the successful protection of the listing,compliance management after listing and so on.Chapter V is the conclusion.This chapter summarizes and summarizes the full text.Domestic enterprises in the overseas listing of locations and mode selection is a complex system engineering.This article studies the issue of domestic enterprises' listing.In the selection of domestic corporate listing model,in the last chapter,comparison of pros and cons of the direct listing of Hong Kong,the listing of red chips and the listing of shell-backed stocks are made.Then put forward the domestic enterprises in Hong Kong choose direct listing model.Finally,the key question is how to guarantee the success of the listing of mainland enterprises in Hong Kong.This paper argues that only the selection of the listing model that suits itself is the prerequisite for the success of the listing of the enterprises,and on the basis of which effective corporate governance and standardization of financial accounting are guaranteed.