The Study Of SFUN's Return To A-share Market

Since 2010,many Chinese concept stocks have been undervalued and have been attacked by shorting agencies,therefore,they began planning to return to A-share market and set off a wave of return in 2015.However,blind return encourages arbitrage and gives rise to speculation of shell resources.Therefore,the regulatory authorities stopped many return plans.Until 2018,the CSRC announced that it would actively support the return of high-quality Chinese concept stocks to the A-share market.This shows that China aims to admit truly high-quality enterprises back to capital market and improve the overall quality of enterprises in the A-share market.In view of the significant impact of the return of Chinese concept stocks on the capital market,this paper takes the case of SFUN' s return to A-share market as the research object,focuses on summarizing the reasons for the failure of the return,and puts forward suggestions accordingly.Through the research,several conclusions are drawn: First of all,Chinese concept stocks should carefully consider the risks this way may bring when innovating the return path,otherwise it will cause great hidden dangers to the return.Secondly,the success of the return of Chinese concept stocks is affected by many factors.Enterprises should learn to analyze their environment comprehensively and pay full attention to these factors.Finally,in response to the issue,Chinese concept stocks,regulatory authorities and investors all need to learn lessons and do something to jointly promote the healthy development of the return of Chinese concept stocks.