Case Analysis Of Wanda Commercial Delisting

With the continuous development of the economy and the continuous expansion of the enterprises,the difficulty in listing and financing the A-shares in China's enterprises has also become increasingly prominent.The major companies have flocked to overseas markets to seek help with funds,but this is not a smooth and unobstructed Sunshine Avenue.Due to the differences in culture and value assessment mechanisms,a series of problems such as the loss of inland enterprises brand effect and the inability of value to be properly measured,In addition,the valuation of A-share companies is generally high,and the speed of listing review is accelerating,overseas companies have gradually withdrawn from the market ready to return.As far as Hong Kong stocks are concerned,there are not many “good companies” delisting in recent years,such as Alibaba,the largest online trading market,Vale,the mining giant,and Belle,a generation of shoes,and Wanda Commercial,a commercial real estate giant that has only been listed for a year and a half in Hong Kong.Also quickly delisted.The reason behind the delisting of enterprises is also not the same,in essence,is to repair the needs of overseas low valuation and strategic adjustment,but delisting is not a perfect solution,due to policyoriented and uncertain financing environment,companies still face difficulties in returning to the A-share market and some other losses and risks.This article selects the Wanda commercial delisting case and intends to use the capital operation of the Wanda Commercial Overseas Equity Financing to subsequently withdraw from the market,and to give some ideas and considerations to companies preparing to list overseas or plan to withdraw from the market overseas.This article mainly analyzes and analyses the entire process of Wanda Commercial's delisting.Prior to delisting,starting from the delisting motives,it was found that most of the delistings of enterprises were linked to the company's value and future development,thus reminding companies not to blindly follow the trend of listing,and should closely follow the development goals of enterprises to make long-term planning;in addition,Wanda Business did not Instead of adopting an inherent delisting method,they created a new type of delisting method.Wanda Commercial's major shareholder did not provide capital and several institutional investors jointly contributed to help Wanda Commercial complete the privatization and delisting.The article adopted the method.Introduction and analysis of its advantages and disadvantages,encourage the intentional delisting of the Chinese stocks,in accordance with the premise of laws and regulations,combined with their own advantages,for their own tailor-made new delisting methods,and then,the article is mainly through the comparison and comparison of comparable companies The financial indicators analyze Wanda's delisting success factors;after exiting the market,Wanda's business successfully completed its strategic transformation,but due to the dual impact of China's real estate policies and market economic environment,it also suffered a loss of market value,and it will face difficulties in returning to A shares.The market and the risk of heavy pressure on gambling agreements,reminding overseas-listed inland enterprises that delisting is a with double-edged swords,companies should measure the pros and cons.Finally,summarize the full text and give suggestion to enterprises and regulators in China.