双层股权结构上市公司分析——以小米公司赴港上市为例

随着我国公司治理水平的提升,互联网技术的崛起,我国的互联网巨头几乎都施行双层股权结构机制。由于"同股不同权"在我国公司法中被禁止,无法满足互联网巨头公司的上市需求,导致这些公司远赴美国上市,对中国的资本市场造成了一定损失,本文对港交所上市新规进行介绍,结合小米公司进行实证分析,对双层股权结构存在的问题进行优化完善。

With the rise of corporate governance in China and the rise of Internet technology, China＇ s Internet giant has almost double-tiered ownership structure. ＂Different rights of the same shares＂ is forbidden in the company law of our country and cannot meet the requirements for the listing of such companies, Demand has caused these internet giants to go to the United States for listing. This is a pity for China＇s capital market. This article will use the understanding of the new listing rules of the Hong Kong Stock Exchange and Xiaomi＇s empirical analysis to analyze the double-level ownership structure. The existing problems are optimized and perfected.