Chinese Concept Stocks Return, Choose IPO or Backdoor Listing? - Case Analysis Based on Qihoo 360

摘要

Since 2010, US stocks have began to short Chinese concept stocks, many Chinese concept stocks have chosen to privatize and return to A shares. In July 2016, Qihoo of Beijing science and Technology Co Ltd completed the privatization transactions, and then it chose IPO directly rather than backdoor listing, and this sparked a hot debate. In this paper, we analyze the case of Qihoo 360 and hope to provide some references for the future listing of Chinese concept stocks. And we hope to take this opportunity to promote the further development and improvement of the domestic market.