1.

Record Nr.

UNINA9910812655403321

Autore

Huang Flora Xiao

Titolo

Chinese companies and the Hong Kong stock market / / Flora Xiao Huang and Horace Yeung

Pubbl/distr/stampa

New York : , : Routledge, , 2014

ISBN

0-8153-7477-1

1-315-88369-4

1-134-67104-0

Descrizione fisica

1 online resource (280 p.)

Collana

Routledge economic growth and development series ; ; 1

Altri autori (Persone)

YeungWai Ho <1982->

Disciplina

332.64/25125

Soggetti

Stock exchanges - China - Hong Kong

Business enterprises - China

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references and index.

Nota di contenuto

Introduction -- Theoretical foundations -- Stock market development in China and Hong Kong -- Weak and strong stock markets a comparison of securities regulation and enforcement between China and Hong Kong -- Chinese cross-listings in Hong Kong procedures and requirements -- Company level evidence : liquidity and bonding -- Market and institutional legal development explanation : China's legal and regulatory reform -- Implications of chinese cross-listings : market integration via dual listing and regulatory cooperation/competition -- Conclusion.

Sommario/riassunto

<P>Listing by companies from one country on the stock market of another country is a device often used both to raise capital in, and to increase bonding with, the target country. This book examines the listing by Chinese companies on the Hong Kong stock market. It discusses the extent of the phenomenon, compares the two different regulatory regimes, and explores the motivations for the cross-listing. It argues that a key factor, in addition to raising capital and bonding with the Hong Kong market, is Chinese companies' desire to encourage legal and regulatory reforms along Hong Kong lines in m