中国内地公司香港上市:实证分析与理论反思

通过对中国内地在港上市公司发展概况、公司特征等状况的实证统计分析,可以发现尽管内地上市公司已经成为香港市场的重要部分,但不同模式上市的内地公司在行业分布、盈利状况以及市场特征指标上仍存在一定差异。从现实看,尽管内地企业赴港上市符合其微观利益且在短期内无法避免,但从中国金融体系功能完善视角着眼,把优质企业留在内地,夯实内地市场的经济基础是中国金融市场发展进程中至关重要的战略选择。

MAINLAND COMPANIES LISTING IN HONG KONG: POSITIVE ANALYSIS AND THEORETICAL REFLECTION

Positive analysis about the development and characteristics of the mainland companies listed in Hong Kong shows that different patterns of listing have different industrial distributing,profit,and characteristic index;though mainland listed companies have become the important parts of the Hong Kong market.Mainland companies listing in Hong Kong can maximize their individual interests,from the perspective of improving Chinese mainland financial market,however,it is a very important strategic choice to keep the best companies stay in mainland and enhance the economic base of mainland market.