Chinese Companies and the Hong Kong Stock Market
Flora Xiao Huang, Horace YeungListing by companies from one country on the stock market of another country is a device often used both to raise capital in, and to increase bonding with, the target country. This book examines the listing by Chinese companies on the Hong Kong stock market. It discusses the extent of the phenomenon, compares the two different regulatory regimes, and explores the motivations for the cross-listing. It argues that a key factor, in addition to raising capital and bonding with the Hong Kong market, is Chinese companies’ desire to encourage legal and regulatory reforms along Hong Kong lines in mainland China, in order to develop and open up China’s domestic capital markets.
Year:
2017
Publisher:
Routledge
Language:
english
Pages:
266
ISBN 10:
0815374771
ISBN 13:
9780815374770
Series:
Routledge Economic Growth and Development Series
File:
EPUB, 877 KB
IPFS:
,
english, 2017