论文部分内容阅读
2011年5月,复地(集团)股份有限公司(以下简称复地)主动撤销其H股在香港联交所的上市地位,股票自5月13日正式退市,从而成为内地首家在港交所退市的房地产企业。上市公司退出资本市场,通常被认为是上市公司陷入某种困境,不能满足交易所有关财务等其他上市标准而主动或被动终止上市的行为。那么,复地退市的原因是什么?复地退市带给我们什么样的思考和启示?一、案例背景复星集团创建于1992年,是我国市场经济改革中涌现出的代表企业之一。2007年7月16日,复星集团母公司复星国际(00656.HK)在香港联交所主板整体上市。目前,复星国际的业务主要涉足医药健康、房地产、钢铁、矿业,同时也通过投资,分享零售、服务等高度受益于我国内需发展的行业的快速成长。
In May 2011, Forte (Group) Co., Ltd. (hereinafter referred to as Forte) voluntarily canceled the listing of its H shares on the Hong Kong Stock Exchange and the stock was delisted from May 13, making it the first mainland operator in Hong Kong Exchange delisting of the real estate business. The withdrawal of a listed company from the capital market is usually considered as a situation in which the listed company is in a difficult position and can not meet the listing requirements of the exchange on other listing standards such as financial affairs, and voluntarily or passively terminate the listing. So, what are the reasons why Forte withdraw from the market? What kind of thinking and inspiration do Forte withdraw from the market? I. Case Background Fosun Group, founded in 1992, is one of the representative enterprises that emerged in China’s market economy reform . On July 16, 2007, Fosun International (00656.HK), the parent company of Fosun Group, was listed on the main board of the Hong Kong Stock Exchange. At present, Fosun International mainly engages in the business of pharmaceuticals, real estate, steel, mining, as well as the rapid growth of industries benefiting from the development of domestic demand in China through investment, sharing in retail and services.