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dc.contributor.advisorChristopher F. Noe.en_US
dc.contributor.authorTian, Yuan,S.M.Sloan School of Management.en_US
dc.contributor.otherSloan School of Management.en_US
dc.coverage.spatialn-us---a-cc---en_US
dc.date.accessioned2020-09-03T17:41:39Z
dc.date.available2020-09-03T17:41:39Z
dc.date.copyright2020en_US
dc.date.issued2020en_US
dc.identifier.urihttps://hdl.handle.net/1721.1/127009
dc.descriptionThesis: S.M. in Management Research, Massachusetts Institute of Technology, Sloan School of Management, May, 2020en_US
dc.descriptionCataloged from the official PDF of thesis.en_US
dc.descriptionIncludes bibliographical references (pages 33-34).en_US
dc.description.abstractChina concept stocks, the stock in a company that operates in mainland China and listed in the US, are becoming the largest group of non-native listed stocks in the US in terms of market value. This paper reviews the peaks and troughs of China concept stocks listed in the US in the past two decades, analyzes the reasons why Chinese companies have had to raise funds in the US, the benefits of an IPO in US stock market, and their post-IPO stock performance. In order to evaluate whether Chinese stocks listed in the US are successful or not, this paper tracks the status of 283 stocks that listed in the US from 2000 to 2019, uncovering the abnormal fact that nearly 1/3 of them ultimately delisted from US stock market. For the delisting stocks, this paper analyzes the effect of financial fraud at some companies and its overall negative impact on China concept stocks. The signal effect of fraud is so significant that over 80 companies claimed privatization under reputational pressures while only 8 companies were forced to delist due to financial fraud. Finally, this paper discusses the future of China concept stocks in the US and proposes some advice for Chinese companies.en_US
dc.description.statementofresponsibilityby Yuan Tian.en_US
dc.format.extent44 pagesen_US
dc.language.isoengen_US
dc.publisherMassachusetts Institute of Technologyen_US
dc.rightsMIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided.en_US
dc.rights.urihttp://dspace.mit.edu/handle/1721.1/7582en_US
dc.subjectSloan School of Management.en_US
dc.titleCase studies on companies that delisted from US and relisted in Chinaen_US
dc.typeThesisen_US
dc.description.degreeS.M. in Management Researchen_US
dc.contributor.departmentSloan School of Managementen_US
dc.identifier.oclc1191230769en_US
dc.description.collectionS.M.inManagementResearch Massachusetts Institute of Technology, Sloan School of Managementen_US
dspace.imported2020-09-03T17:41:38Zen_US
mit.thesis.degreeMasteren_US
mit.thesis.departmentSloanen_US


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