Wealth outflow of indirect listing overseas and government supervision

Abstract

The process of indirect listing overseas of enterprises can easily result in wealth outflow, which has imposed a negative impact on the development of security market, the order of money market and the increase of tax revenue in China. Therefore, the government should exercise necessary regulation on the wealth outflow during indirect listing overseas, and treat state-owned enterprises and private-owned enterprises differently. The fundamental solution to this issue should start from improving domestic financing conditions, improving regulatory system, realizing equal treatment for enterprises and strengthening the legal protection of private property.

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Higher Education Press and Thomson Reuters