VIE企业回归国内资本市场原因分析

Analysis about Reasons Why VIE Enterprise Return to Domestic Capital Market

VIE模式始终处于监管的灰色地带,并面临着政策风险和VIE模式本身所带来的各种风险。近年来,在海外上市的中概股中有多家已经拆解了其VIE架构,回归国内A股市场,还有多家进行私有化,计划退市或已经退市。最近奇虎360的回归也引起一些关注。

VIE has always been in a grey area of regulation, and faces political risks and other risks originates from the nature of VIE itself. Recently? many Chinese stocks listed on foreign market has distorted their VIE structure and return back to domestic A share market? and there are stocks in the procedure of privatization and delisting. The return of 360 also drives much attention. This article will analyze the reasons why VIE enterprises return to domestic capital market.