China Going-Private Targets Rebound After Plunge

The transcript discusses the China Security Regulatory Commission's stance on reverse mergers, highlighting concerns about high valuations and liquidity issues. It explains the demand for backdoor listings due to higher valuations in China, particularly in the tech sector. The transcript also covers potential deals involving US-listed Chinese firms, such as Qihu, and the impact of these deals on the market. The regulators' approach to IPOs and market forces in China is also examined.

What was the initial concern among US-listed Chinese companies regarding regulatory actions?

• A complete ban on reverse mergers

• Increased taxes on mergers

• Mandatory delisting from US exchanges

• A potential cap or quota system

Why is there a high demand for backdoor listings in China?

• Higher valuations in Shenzhen and Shanghai

• Access to international markets

• Better regulatory environment

• Lower operational costs

How many US-listed Chinese firms are considering moving back to China?

• 30

• 47

• 60

• 100

What is the estimated valuation of the deals for US-listed Chinese firms moving back?

• 50 billion

• 25 billion

• 10 billion

• 42.6 billion

Which company is highlighted as a major example of a potential buyout and relisting?

• Qihu

• Tencent

• Baidu

• Alibaba