A Study On The Methods And Economic Consequences Of Chinese Concept Stock-

Compared with overseas capital markets,the domestic capital market started late,it has higher market entry barriers and stricter auditing systems.As a result,many Chinese companies have difficulty meeting domestic listing requirements and chose overseas capital markets in order to list as quickly as possible.However,since 2010,the situation has changed.The U.S.short-selling agency Muddy Waters Research Co.,Ltd.and Citron Research Co.,Ltd.have launched attacks on China's stocks,triggering a credit crisis of Chinese concept stocks,causing a large number of Chinese concept stocks to plummet,and the trading volume has also significantly changed.Under this background,Chinese concept stocks companies have begun privatization and delisting,and seek to re-list in the domestic capital market.This paper selects the typical representative case in the returned Chinese concept stocks-Home Inn.Based on the relevant theoretical basis and literature research,a theoretical analysis framework for the causes,implementation strategies and economic consequences of the return of Chinese concept stocks was established.Through the combination of specific cases,the issue of the causes and the implementation strategy of the return of Chinese stocks are discussed further.This paper mainly analyzes the regression strategy adopted by Home Inns,and discusses the advantages and applicable conditions of the innovation path.In addition,it explores the improvement of economic consequences brought by the return from three parts:the company,regulatory agencies and capital markets.