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对于美国投资者而言,他们一方面迫切地想投资中国公司,而另一方面却不会刻意地选择中国市场,因此,最为有效的解决途径就是中国公司到美国去挂牌上市。根据我们的统计,中国指数的平均市值为30倍;与此相对的是,美国市场交易的市值为21倍;在香港地区市场和新加坡市场交易的中国公司的市值分别是14倍和10倍。与传统的收购方式相比,APO融资模式的优点在于比IPO更快更便宜,一个APO 的过程从开始到结束只需要90天至120天。
For American investors, on the one hand, they are eager to invest in Chinese companies, but on the other hand, they do not deliberately choose the Chinese market. Therefore, the most effective solution is that Chinese companies go to the United States to go public. According to our statistics, the average market capitalization of the China Index is 30x. In contrast, the market capitalization of the U.S. market is 21x. The market capitalization of Chinese companies trading in the Hong Kong and Singapore markets is 14x and 10x, respectively. The advantages of the APO financing model over traditional acquisitions are faster and cheaper than IPO, and an APO process takes only 90 days to 120 days from the beginning to the end.