中概股回归上市的冲击效应及对策研究

Research on the Impact Effect and Countermeasures of the Return of China Concept Stocks

本文首先分析了中概股退市及其回归上市的现状与原因;然后构建模型,实证研究了中概股退市及其回归上市对企业自身股价、对所上市市场的冲击程度;之后研究了中概股退市的决策机制和退市途径。基于以上研究,就中概股回归上市问题提出了相应的对策,从而为中概股企业是否退市以及监管层对回归上市的态度和措施提供建议。

This paper first analyzes the current situation and reasons for the delisting of China concept stocks.Then,a model is constructed to empirically study the impact of the delisting of China concept stocks on the company's own stock price and AH share market.Secondly,a model is constructed to empirically study the impact of the return of China concept stocks to their own stock prices,the intrinsic value of their own enterprises,and the impact on the listed market.After that,the decision-making mechanism of delisting of China concept stocks was studied.Finally,an in-depth study is conducted on the delisting channels of China concept stocks,and based on the above research,corresponding countermeasures are put forward for the return of China concept stocks to listing,so as to provide suggestions for whether China concept stock enterprises should be delisted and the attitude and measures of regulators to return to listing.