China's capital is eyeing more than 40 Chinese stocks from the US, a new wave of mergers and acquisitions--"Where to go" the first day of the U.S. listing of the stock market is warming up, and the Chinese government recently introduced policies to encourage the merger and reorganization of listed companies, both at home and abroad may lead to more "bottom" to withdraw from the market in the merger and acquisition.
November 5, the listed company, the joint letter of the permanent benefit of the announcement, announced that through the replacement of assets and the way to buy assets to divest the original assets, and the introduction of the main industry for the intelligent transport sector of the thousand, the total amount of transactions over 2.8 billion yuan. The group, as a once-a-share, was privatized on October 31, 2012 and withdrew from the United States.
This is the year since the domestic a-share listed companies to buy the second largest list, the July Tsinghua Violet has announced the acquisition of 1.78 billion U.S. dollars communications. According to our understanding, there are many enterprises on the privatization of the shares have an attempt.
This newspaper has only been informed that a large private group has recently begun to gradually increase the holdings of stocks, to absorb the value of low prices are seriously underestimated some of the shares.
In the value continues to be underestimated and short of institutions frequently attacked, once the scenery of the unlimited stocks in the past two years have chosen to return to the city, set off a wave of "returnees" wave, including Shanda, the media and other well-known enterprises.
A total of 27 U.S.-listed Chinese companies announced a privatisation in 2012, according to Roth Capital. 2011 is 16, 2010 is only 6. 2010 years ago, there were usually only one or two Chinese companies announcing privatisation every year.
The economic reference report, citing wind statistics, showed that 118 of the 222 Chinese stocks listed in the US had fallen in the 2012, with a fall of more than 50% per cent, while the S & P 24 index had risen from 500 to 1292 at the beginning of the year. Since 2013, the S & P 500 index has also stood at 1700 highs, while the market is still repeatedly the news of the delisting. The continued slump in the stock market is a departure from the rising trend and the valuation is low-lying.
The continued slump is mainly due to a severe information imbalance between US investors and Chinese companies. Few contacts have been reached, and American research institutions have rarely studied the stocks, and institutional investors are naturally reluctant to invest. This state will naturally lead to a general low trading volume.
It is understood that not to be concerned about the Chinese concept stocks in the overseas capital market turnover rate or volume less than the domestic a-share listed companies 1/5, the amount of its financing is also far lower than the domestic a-share market.
Muddy water and other short institutions do expose some of the stock in the financial and corporate operations of major issues, but it is undeniable that the withdrawal of the market in the stock must be "wrong to kill" situation.
From October 8 onwards, China Securities Regulatory Commission began to implement the mode of merger and acquisition, in order to promote economic restructuring, change the examination and approval function, the corresponding industrial policy has been introduced.
In the domestic IPO restart in the foreseeable future, the withdrawal of stocks in the short term can not be directly landed in the domestic stock market for financing, which also increased the domestic a-share listed companies and the withdrawal of the market share of the opportunity to achieve mergers and acquisitions. Whether it is a a-share listed companies to take the lead in the acquisition of the stock market, or the withdrawal of the stock as the leading companies to borrow a listed company's Shell to return to the capital markets, a new wave of mergers and acquisitions are accumulating strength.