Choose U.S. stocks, and that VAM agreement can explode like a bomb at any time.

If the standards of the agreement are not met, Sinovation Works will mercilessly harvest most of the shares, and Ximing may lose its controlling position and the company will change hands, but why does Ximing still choose to do so?!

It is not comprehensive to say that there are tigers in his mountain and he is biased towards tiger mountains, and he still has the meaning of being forced to do so.

He can only choose to be listed on the U.S. stock market just like those entrepreneurs who like to go public in the United States.

Why run to the United States to go public.

For any company, listing and financing is an important way to seek development funds, and under the same conditions, local listing is of course a better choice, but at present, Chinese Internet companies are more inclined to list overseas, such as Sogou, why do they not choose the "home" GEM and go to the NASDAQ in the United States to list?

Why?

Xi Ming once remembered when he was a child, when he was ignorant, he felt that as a Chinese company, he should be listed on China's A-shares, and if he went to list abroad, it seemed that he was going to sell the country, but when he grew up, he found that many times it was not what we understood.

What are the reasons for encouraging Chinese companies to go public in the United States?

In fact, the core reason for Chinese companies to go public in the United States is that these companies cannot be listed on the A-share market. For example, Youku, Alibaba, and Baidu actually lost money in the early days, can it be listed on the A-share market?

Because these companies cannot be listed on the domestic A-shares, in order to get the market and layout, they can only choose to be listed in the United States for financing, Sohu, Sina, NetEase, Baidu, Tencent and Sogou, etc., are because the listing has already been countless millionaires and tens of millions or even billionaires overnight, and the times create heroes as if listing means unlimited money, financing, and so on.

Many people will find that most of China's Internet companies choose the United States for listing, and almost no large Internet companies are listed in China More strict, or more rigid, Chinese companies need to meet the demand for profitability when listed in China, but many Internet companies are in the early stage to raise funds to expand the company, where they can make profits, resulting in Ali giants, Baidu giants, Jingdong giants, almost all technology giants, except for real estate companies, many high-capitalization Internet companies are listed in the United States.

Comparing the listing conditions of the domestic GEM and the NASDAQ, the companies listed on the domestic GEM have made profits in the past two consecutive years, and the cumulative net profit in the last two years is not less than 10 million yuan, and it continues to grow.

or the latest year of profit, and net profit of not less than 5 million yuan, the most recent year of operating income of not less than 50 million yuan, the last two years of operating income growth rate of not less than 30%, the net assets before the issuance of not less than 20 million yuan.

On the other hand, the conditions for listing on the NASDAQ are more flexible.

Meeting one of the three criteria specifies the listing conditions!

Obviously, the listing conditions on the NASDAQ in the United States are relatively flexible and relaxed.

The IT industry is a special industry, unlike tens of thousands, hundreds of thousands of real estate companies in China, any company can make money, and a house can even bring those enterprises engaged in industry back to life and save their lives.

The IT high-tech industry is often difficult to make a profit in the early stage, unable to meet the domestic listing conditions of the so-called profits, while the NASDAQ is much more relaxed, that is, the threshold is relatively low, more to see the growth of the company, rather than like the general public in China to see that the house will appreciate, the land is worth money, why, because banks want to make money, money is becoming more and more difficult to earn, how to engage in interest rates continue to increase, money is becoming less and less valuable, anyway, so many large and small commercial banks in China, city banks, have never heard of bankruptcy, have the entire chain of interests, even technology stocks Internet companies can not be on the table in China, because they do not belong to the chain of interests, and those elites can only go abroad to toss.

So.

To those high-tech companies.

Companies that have been, or may be, great.

Those companies that have the opportunity to become giants.

The requirements for hard financial indicators on the domestic GEM are much higher, which restricts the A-share listing of these enterprises, resulting in Chinese high-tech Internet companies can only be listed in the United States, and real estate companies are listed on the A-share market.

Xi Ming sometimes wonders why China's stock market can't be labeled differently for different industries, why all industries and all companies have the same standards, isn't this sending China's high-tech companies and excellent Internet companies to foreign countries, those super companies that have grown up Alibaba, Taobao, Baidu, and Tencent make money from the people, but the profits are constantly imported into the hands of the US stock market and American residents.

China has many rounds of listings in the United States, such as the first wave of listings occurred in 1999~2000, which was the portal era of Sina, Sohu, NetEase, etc. The second wave was between 2003 ~ 2004, including Ctrip, Tencent, Shanda, the financial industry, and the future of worry-free. The third wave was in 2007, with Alibaba, Giant, etc., and after 2010, there were Momo and Sogou......

With so many rounds, don't you feel distressed to see those high-quality companies drifting overseas?

Compared with foreign countries keen on science and technology.

China trusts real estate companies more.

Americans are more receptive to Chinese concept stocks.

It began to happen to some people in China, and now the conditions of the GEM have improved a little in recent years.

But.

Chinese concept stocks are sought after in the United States, and listing in the United States can "sell" at a better price than listing on the domestic GEM, and the more expensive they can "sell", the more financing the company can get.

As a result, high-quality companies are listed overseas, and they still can't stop.

Those rule-makers, Xi Ming hopes that after they grow up in the future, they can speak out enough to change such a status quo.

As for now, under the general environment, he can only take the road of listing in the United States.

Everyone loves to speculate in real estate and wine stocks, although technology is changing the lives of Chinese, they are still obsessed with real estate, alcohol stocks, luxury goods, the pursuit of so-called visible houses, tangible jewelry, real profits, not any high-tech, what Internet.

Just as the IT industry is a high-tech industry and a venture capital industry, domestic capital is far less interested in venture capital than American investors.

It is inevitable to go to the United States for various reasons.

Xiongbai shared bicycles, these years has been financing, burning money to lay out the market, under the huge investment, the cost can not be recovered for the time being, let alone profit, so it can only go to foreign listing.

Just like JD.com, if he wanted to be listed in China, JD.com would have gone bankrupt 10,000 times, but now JD.com's market value has reached 70 billion US dollars, which is equivalent to more than 400 billion yuan, because it has obtained a lot of funds for self-built logistics in the United States, and then it is getting bigger and bigger, and the speed of expansion is very amazing, if it is according to the conditions of domestic listing, China will have no Taobao, no Baidu, no JD.com, no Tencent, but now who in China can leave them?

Therefore, Xi Ming's choice to share bicycles to be listed on the NASDAQ in the United States in the future is just a kind of helplessness.

Unless Huaxia can change this kind of high-tech, real estate companies and physical enterprises are all stick rules.

Otherwise, there will still be countless "Taobao", "Baidu", "Jingdong", "Sogou" and "Shanda" in the future...... High-tech Internet technology companies are living overseas, making money from Chinese people, and then they distribute dividends to foreign shareholders, nourishing them and their descendants.