The determinants of IPOs and Reverse mergers: Chinese companies listed in Hong Kong

The idea of this study is to identify the determinants of an IPO and a RM in Hong Kong stock market. In this study, we use 50 Chinese companies listing in Hong Kong to find out the determinants. Seven independent variables are adopted in the study, including firm size, age, performance, profitabilit...

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Main Author: XIANG, YANG
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2010
Online Access:https://eprints.nottingham.ac.uk/23829/
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author XIANG, YANG
author_facet XIANG, YANG
author_sort XIANG, YANG
building Nottingham Research Data Repository
collection Online Access
description The idea of this study is to identify the determinants of an IPO and a RM in Hong Kong stock market. In this study, we use 50 Chinese companies listing in Hong Kong to find out the determinants. Seven independent variables are adopted in the study, including firm size, age, performance, profitability, costs of IPO or RM, growth opportunities and hot market dummy. Analysis shows that smaller, poorer performing and younger Chinese companies choose a RM rather than an IPO. RM firms met at least one of the listing standards while the IPOs met most of the initial listing requirements in Hong Kong stock market.
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format Dissertation (University of Nottingham only)
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institution University of Nottingham Malaysia Campus
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language English
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spelling nottingham-238292018-01-31T08:30:48Z https://eprints.nottingham.ac.uk/23829/ The determinants of IPOs and Reverse mergers: Chinese companies listed in Hong Kong XIANG, YANG The idea of this study is to identify the determinants of an IPO and a RM in Hong Kong stock market. In this study, we use 50 Chinese companies listing in Hong Kong to find out the determinants. Seven independent variables are adopted in the study, including firm size, age, performance, profitability, costs of IPO or RM, growth opportunities and hot market dummy. Analysis shows that smaller, poorer performing and younger Chinese companies choose a RM rather than an IPO. RM firms met at least one of the listing standards while the IPOs met most of the initial listing requirements in Hong Kong stock market. 2010-09-15 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/23829/1/%E6%AF%95%E4%B8%9A%E8%AE%BA%E6%96%87%EF%BC%88%E6%94%B9%EF%BC%89.pdf XIANG, YANG (2010) The determinants of IPOs and Reverse mergers: Chinese companies listed in Hong Kong. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle XIANG, YANG
The determinants of IPOs and Reverse mergers: Chinese companies listed in Hong Kong
title The determinants of IPOs and Reverse mergers: Chinese companies listed in Hong Kong
title_full The determinants of IPOs and Reverse mergers: Chinese companies listed in Hong Kong
title_fullStr The determinants of IPOs and Reverse mergers: Chinese companies listed in Hong Kong
title_full_unstemmed The determinants of IPOs and Reverse mergers: Chinese companies listed in Hong Kong
title_short The determinants of IPOs and Reverse mergers: Chinese companies listed in Hong Kong
title_sort determinants of ipos and reverse mergers: chinese companies listed in hong kong
url https://eprints.nottingham.ac.uk/23829/