三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Companies

Alibaba says it's open to market homecoming

By He Wei in Shanghai | China Daily | Updated: 2018-03-17 08:36
Share
Share - WeChat
A sign of Alibaba Group is seen during the fourth World Internet Conference in Wuzhen, East China's Zhejiang province, December 3, 2017. [Photo/Agencies]

E-commerce giant Alibaba Group said on Friday that it has always wanted to float shares in China when the time is ripe, following media reports saying it is contemplating a secondary listing in its home market.

The development came as the securities regulator works to encourage new-economy companies to raise capital at home through novel measures.

"As long as conditions permit, we will return (to the A-share market)," the tech titan said in an email reply to China Daily on Friday. "We've made such declarations on the day our shares were floated in the United States, and that hasn't changed."

The Hangzhou-based company was reported by The Wall Street Journal on Thursday to be evaluating ways in which its shares could be traded on domestic bourses, three years after a blockbuster New York listing.

Alibaba is the latest tech heavyweight to express the wish for a stock market homecoming. Search engine company Baidu's chief, Robin Li, was echoed by several tech luminaries when he mentioned the desire for a listing return as long as policy hurdles were cleared.

From Tencent to JD to Net-Ease, most of the best-known Chinese tech majors are listed offshore, in part due to stringent profitability and shareholder structure requirements set by local regulators, as well as a perceived lengthy period to win IPO approval.

To draw them, China is preparing to launch depository receipts "very soon" to open the door to some top tech companies, the Shanghai Securities News reported on Friday, citing Yan Qingmin, vice-chairman of the China Securities Regulatory Commission.

"While they aren't technically shares, depository receipts could entitle investors to hold stakes elsewhere, becoming a de facto route to these companies," said Li Chao, a senior financial technology analyst at consultancy iResearch.

Along with multiple ministries, the CSRC would search for candidate companies engaged in areas like industrial internet and artificial intelligence, Yan told reporters on the sidelines of the annual gathering of the top legislature on Thursday.

The CSRC has fast-tracked a listing application for a unit of iPhone manufacturer Foxconn Technology Group in less than a month - a record since it can take up to two years - as it moves quickly to allow select technology stalwarts to list at home.

Chen Jiahe, chief strategist at Cinda Securities, said the enthusiasm suggests the economy is gaining strong momentum and that the capital market is becoming more mature and attractive.

Ling Xiao, a partner at Hui Ye law firm, said, "The companies' potential domestic listing would comply with the national strategy to bolster strategic emerging industries and support economic transition." But he said precursors such as privatization may lengthen the overall process.

hewei@chinadaily.com.cn

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: japanese国产高清麻豆 | 国产自愉自愉全免费高清 | 视频办公室添的我好爽 | 国产无限资源在线观看 | 国产日韩一区二区三区 | 夜色www| 亚洲欧美网址 | 丁香色婷婷国产精品视频 | 色综合久久91 | 一区二区三区视频在线观看 | 麻豆精品视频在线 | 亚洲精品欧美精品 | 影院色| 在线观看网址入口2020国产 | 欧美日韩在线视频不卡一区二区三区 | 精品国产品国语在线不卡丶 | 天堂素人搭讪系列嫩模在线观看 | 98精品全国免费观看视频 | 国产午夜在线观看视频 | 成 人 免 费 黄 色 | 亚洲香蕉在线视频 | 国产99视频精品免视看7 | 青青国产成人久久91 | 亚洲一级片在线播放 | 国产精品美女免费视频大全 | 精品国产综合成人亚洲区 | 欧美狠狠入鲁的视频极速 | 丰满成熟亚洲人毛茸茸 | 深夜福利1000 | 欧美特级黄 | 国产成人久久综合热 | 欧美人成毛片在线播放 | 国产精品主播 | 91网址在线播放 | 久久成人国产精品青青 | 黄色三几片 | 久久视热这只是精品222 | 亚洲美女视频一区 | 久久成人18免费网站 | 99久久精品免费观看国产 | 2022在线精品视频网站 |