Guoqing and investment bankers to scold the war and the smoke dispersed

This week, Guoqing, the company's chief executive, and the investment bankers, the "micro-blogging curse" of the smoke, but the dispute between investment banks and companies is a reflection. At present, China's excellent internet companies have almost no exception to the choice of overseas listing, some internet listed company executives believe that domestic financing channels are still not very smooth, local excellent High-tech enterprises can only go far away from the international investment bank "sucking blood" is also a must pay tuition.

Reflection on a "sucking blood" is the Chinese enterprises should pay the tuition?

Last year, Chinese companies reached a record number of IPOs in the US by 34. Among them, the top three of the financing amount are Internet enterprises. So far, more than 30 Chinese excellent internet companies, such as Baidu, Sina, Tencent and Alibaba, have all chosen to list overseas, while only a few are listed in the mainland.

Why do Chinese companies like to get together in higher-cost U.S. capital markets? Willing to be "squeezed" by international investment banks? General manager of Beijing An Xiang Investment Management Co., Ltd. Yellow River would like to think that at present, China's listed companies have more stringent requirements, many Chinese Internet companies can meet the requirements, but suffer more enterprises in the queue waiting in front, some enterprises are financial conditions can not meet the domestic listing conditions, Chinese enterprises can only choose to "go to sea."

The Yellow River would like to think that the domestic investment institutions on the industry's outlook and risk assessment as a whole is inferior to foreign investment bank, which also makes less domestic VCs willing to support China's IT companies, giving foreign investment banks a lot of opportunities.

Since you choose to go to the U.S. listing, you are not familiar with the local situation, so people "suck blood", but also Chinese enterprises to pay tuition.

Is it reliable to rethink two local investment banks?

Compared with Dangdang's sale in the US, domestic corporate IPOs are another condition: Most new offerings are high and buyers are still flocking. But many people believe that the local investment banks have the same unspoken rules, although the price is high, but often break, the injured or shareholders and enterprises.

Others say that even if China does emerge as a world-class investment bank, won't they have to think about long-term partnerships? Will depress the IPO price, because both the enterprise and the Fund are the clients of the investment bank. Others say pricing is a technical activity for investment banks, and there is a big gap between the level of domestic investment banks and international investment banks.

"Since you choose to go public in the United States, you need to recognise the rules and costs," said a number of executives in the company's microblog. The Yellow River is willing to say that investment banks such as Goldman Sachs and Morgan Stanley are themselves earning money by helping companies achieve the goal of listing financing, and that the investment banks themselves are also profitable.

Reporter Observation:

Micro Bo into Enterprise

Weibo has recently become a corporate public relations and clarification tool, the company has recently put the battle positions on the table, on Weibo to war. Micro-blog bosses are no scruples frequently fired, or even intentionally or unintentionally leaked the company's "big moves", such cases in micro-blog is not uncommon. Guoqing shelling investment bank, Dangdang quickly announced that guoqing on Weibo published on the creation of personal literature hobby, and the company's behavior has nothing to do.

The virtual nature of the network let this kind of fight more a little treacherous, the event protagonist in the end is its own or someone operation is difficult to say clearly.