Research On Qihoo 360's Backdoor Listing From The Perspective Of The Return Of China Stocks

With the rapid development of China's economy and the prosperity of the domestic securities market,not only domestic enterprises want to expand the fundraising channels and development dimensions of enterprises through entering the securities market,many Chinese concept stocks that have been listed abroad also find the prospect of the domestic market.It is necessary to make the development of the enterprise more suitable for the process of the local economy by returning to the domestic way.After the company returned to the local economy through privatization,how to enter the securities market has become a problem that the Chinese stock companies have to face.Backdoor listing is a popular listing channel in China's securities market in recent years.Under the current strict IPO regulation,it has become the first choice for many companies to go public.The backdoor listing originated in the US securities market and gradually spread and spread to the domestic market through the prevalence in Hong Kong.Enterprises want to speed up the listing process,strengthen the development space of enterprises,and improve the industrial structure and business structure of enterprises,which can be carried out by means of backdoor listing.promote.This case mainly studies the whole process of Qihoo 360 from the privatization of the New York Stock Exchange to the return of the mainland and the listing of Jiangnan Jiajie through the backdoor.Through the relevant performance indicators,it analyzes the value difference between the enterprises before and after the backdoor listing,and forms these differences.The reasons for the research and analysis,and then to study whether privatization and backdoor listing can provide a strong help for the development of the enterprise.According to the conclusions,the other Chinese stocks and the enterprises also in the Internet information industry provide relevant reference experience,in order to help the relevant enterprises to make reasonable choices to a certain extent.