中国企业赴美国上市的法律风险和对策

Legal Risks for Chinese Companies Listing on the U.S. Securities Markets and Some Countermeasures

随着大量中国企业赴美国上市,与之相关的法律风险问题也逐渐暴露。当前,中国企业在美国上市的法律风险主要包括集团诉讼风险、证券违法违规处罚风险、退市风险、做空风险和中介机构欺诈风险。因此,中国企业赴美上市应充分了解、熟悉和掌握美国资本市场的相关法律和监管要求,并完善公司治理结构、内部控制和信息披露制度,以及提高应对集团诉讼的能力。

With many Chinese companies seeking to get listed on the U.S. securities markets in recent years, relevant legal risks have gradually emerged. Currently, major legal risks that Chinese companies face include collective litigation risk, non - compli- ance punishment risk, delisting risk, short - position risk and intermediary institution fraud risk. Chinese enterprises listed in the United States should be fully aware, familiar and master the requirements of the legal and regulatory relating with U.S. capital markets, improve the system of corporate governance structure, internal control and information disclosure, as well as improve the ability of responding to class action suits.