Title:Market Timing, Overseas Listing and Return of China Concepts Stock—— Case from Focus Media
Presenter:Associate Prof. Lu Deng
Time:2018.12.2012:00-14:00
Location:A1028
Abstract:
It is widely concerned about the behavior of corporate finance timing in the past literature. Most of the research has focused on the capital operation of the company in a single capital market, but less on the issue how company chooses the location of listing and the implementation of financing in different capital markets. This case study takes the company named Focus Media as the research object, thoroughly investigating the process of overseas listing, privatization from NASDAQ and reverse acquisition in A-share market from the perspective of market timing. In general, this study constructs a theoretical analysis framework based on the theory of market timing. The conclusion of this paper extends the research horizon of market timing and corporate financing, and provides reference for companies planning to be listed about how to choose the location of listing and the method of listing.