日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語(yǔ)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.

[email protected]

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: 日韩欧美视频一区二区三区 | 成年人福利 | 午夜国产精品视频在线 | 国产精品视频分类 | 国产福利不卡 | 亚洲精品第一国产综合野 | 欧美极品一区二区 | 国产一卡二卡三卡 | 日韩欧美一区二区三区四区 | 亚洲国产一区在线 | 99久久免费国产精品 | 久久人人精品 | 日本粉嫩一区二区三区视频 | 国产一级免费视频 | 韩国女主播青草在线观看 | 中国xxnxx免费 | 亚洲精品成人AA片在线播 | 欧美午夜影院 | 久久99爱re热6在线播放 | 国产在线一区二区三区 | 加勒比精品久久一区二区三区 | 欧美高清网站 | 九九综合九九 | 国产精品吹潮在线观看中文 | 91在线视屏 | 日韩国产欧美视频 | sm高h视频 | 日本午夜高清视频 | 国产精品久久久久久久久久久久 | 国产精品高清在线 | 国产精品视频第一区二区三区 | 亚洲国产精品一区二区久久 | 澳门av| 日日爱夜夜爽 | 一本一本久久α久久精品66 | 免费在线成人 | 亚洲国产中文字幕 | 欧美日韩一二三区 | 欧美精品综合 | av午夜电影| 极品狂兵电视剧免费观看 |