If you choose the US stock market, the betting agreement may explode like a bomb at any time.

If the standards of the agreement are not met, Innovation Works will reap most of its shares without mercy. Ximing may lose its controlling position and the company changes hands, but why does Ximing still choose so much?!

It is not comprehensive to say that there is a tiger in another mountain, and he still has the intention to go to Tiger Mountain.

He can only choose to list on the US stock market like those entrepreneurs who like to list in the United States.

Why go to the United States to go public?

For any company, listing financing is an important way to seek development funds, and local listing is of course a better choice under the same conditions. However, at present, Chinese Internet companies are more inclined to go overseas listing, such as Sogou, why don’t they choose the “home” GEM and go to the Nasdaq in the United States to list?

What is the reason?

Ximing once remembered when he was a child, he was ignorant at that time and felt that as a Chinese company, he should be listed on the A-share market in China. If he went abroad, he seemed to be selling abroad. However, when he grew up, he found that it was not what we understood in many cases.

What are the reasons that motivate Chinese companies to go public in the United States?

In fact, the core reason why Chinese companies go to the United States to go public is that these companies cannot go public in A-shares. For example, Youku, Alibaba, and Baidu were actually in losses in the early stages. Can they get the market in A-shares? They can't go public!

Because these companies cannot list on domestic A-shares, in order to obtain the market and layout, they can only choose to go public in the United States for financing. Sohu, Sina, NetEase, Baidu, Tencent and Sogou are all because they have already been listed overnight. There have been countless millionaires and even billionaires. The times create heroes. It seems that listing means unlimited money, financing, etc.

Many people will find that most of China's Internet companies choose the United States for listing, and almost no large Internet company is listed in China. Compared with the United States, China's "audit" of listed companies is more strict or rigid. Chinese companies need to meet the profit needs of listing in China. However, many Internet companies in the early stages wanted to expand their companies to raise funds and make profits there, resulting in Alibaba giants, Baidu giants, JD giants, and almost all technology giants, except for real estate companies, many high-market Internet companies are listed in the United States.

Comparing the conditions for listing on the domestic GEM and the Nasdaq, domestic GEM listed companies have made continuous profits in the past two years, with cumulative net profits in the past two years of no less than 10 million yuan, and continue to grow.

Or make a profit in the past year, with a net profit of no less than 5 million yuan, an operating income in the past year, a growth rate of operating income in the past two years shall not be less than 30%, and a net asset before issuance shall not be less than 20 million yuan.

The conditions for listing on Nasdaq are more flexible.

If one of the three standards meets one of them, the specific listing conditions will be given!

It is obvious that the conditions for listing in the US Nasdaq are relatively flexible and loose.

The it industry is a special industry, unlike the tens of thousands or tens of thousands of real estate companies in China. Any company can make money. A house can even bring back those companies that engage in industrial enterprises to life and save their lives.

The high-tech industry, the IT industry, often finds it difficult to make profits in the early stages and cannot meet the so-called profits of domestic listing conditions. However, the Nasdaq is much more relaxed, that is, the threshold is relatively low, and it depends more on the company's growth, rather than on the appreciation of the house and the land is valuable like the Chinese general public. Why? Because banks want to make money, money is becoming more and more difficult to make. How to increase interest rates, money is becoming less and less valuable. Anyway, there are so many commercial banks and city banks in China, all of which are large and small, and have never heard of bankruptcy. With a whole chain of interests, even technology-stock Internet companies cannot get a head start in China, because they are not in the chain of interests, and those elites can only go abroad to make trouble.

so.

For those high-tech companies.

Those companies that have been or may be great.

Companies that have the opportunity to become giants.

The domestic GEM has relatively high requirements for hard financial indicators, which restricts these companies from listing A-shares, resulting in the fact that Chinese high-tech Internet companies can only be listed in the United States, and real estate companies are listed on A-shares.

Ximing sometimes wonders why the Chinese stock market cannot formulate different labels for different industries and why all industries and companies have the same standards. Isn’t this sending Chinese high-tech companies and excellent Internet companies to foreign countries? Those growing super companies Alibaba, Taobao, Baidu, and Tencent make money from the people, but their profits are continuously input into the US stock market and the hands of American residents.

There are many rounds of listings in China in the United States. For example, the first wave of listings occurred between 1999 and 2000, which was the portal era of Sina, Sohu, NetEase, etc. The second wave was between 2003 and 2004, including Ctrip, Tencent, Shanda, Financial World, Future Worry, etc. The third wave was in 2007, including Alibaba, Giant, etc., and after 2010, there will be Momo and Sogou...

After so many rounds, don’t you feel sorry for watching those high-quality companies wander overseas?

Compared to foreign countries, they are passionate about technology and technology.

China believes in real estate companies more.

Americans more agree with Chinese concept stocks.

Some people in China have begun to happen, and now the conditions of the GEM have improved a little over the years.

but.

Chinese concept stocks are sought after in the United States and listed in the United States. Compared with listing on the domestic GEM, they can "sell" at a better price. The more expensive they can "sell", the more financing the company can obtain.

This has caused high-quality companies to be listed overseas and still cannot stop.

The rulemakers, Ximing hopes that after he grows up in the future, he can speak out enough to change this situation.

As for now, under the general environment, he can only take the path of listing in the United States.

Everyone loves to speculate in real estate and wine stocks. Although technology is changing the lives of Chinese people, they are still obsessed with real estate, alcohol stocks, luxury goods, and pursuing so-called visible houses, tangible jewelry, and real huge profits, rather than high-tech or the Internet.

Just like the IT industry belongs to the high-tech industry and also to the venture capital industry, domestic capital is far less interested in venture capital than American investors.

Going to the United States has become inevitable in combination with various reasons.

Xiongbai shared bicycles have been raising funds in recent years and are spending money to deploy the market. With huge investment, the costs cannot be recovered for the time being, not to mention profitability, so they can only go public abroad.

Just like JD.com, if he wanted to go public in China, JD would have gone bankrupt for 10,000 times, but now JD.com's market value has reached US$70 billion, equivalent to more than RMB 400 billion. It is because it has obtained a large amount of funds for self-built logistics in the United States, and then it is getting bigger and bigger, and the expansion rate is amazing. If it is based on the conditions for domestic listing, China will not have Taobao, Baidu, JD.com, and Tencent, but who can leave them now?

Therefore, Ximing chose to go public on the Nasdaq in the United States in the future, which is just a helpless thing.

Unless Huaxia can change this kind of high-tech, real estate companies and physical enterprises are all a stick of rules.

Otherwise, there will be countless "Taobao", "Baidu", "JD", "Sogou" and "Shanda" in the future... High-tech Internet technology companies are overseas, making money from Chinese people, and then they will distribute dividends to foreign shareholders, nourishing them and their descendants, with fat heads and ears, and a big man.
Chapter completed!