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阿里巴巴向美国提交申请文件可能是为了向香港监管者施压,以便让阿里巴巴获得它期待的公司治理结构,这是一种经典的监管套利行为在经历了与港交所一年的谈判后,16日,阿里巴巴宣布正式启动上市事宜。尽管该公司尚未公布具体的上市时间和交易所,但有知情人士透露,阿里巴巴最早可能在三季度实现IPO,或成美国最大的IPO。但这条消息公布后,也被互联网业内的评论人士所质疑:马云真的打算在美国上市吗?赴美上市一直是阿里巴巴IPO的B计划。因为美国不是阿里巴巴上市的最佳选择,美国对阿里巴巴的最主要吸引力来自对控制权的保证,美国二级市场的“双股权”制度可以支持马云以及阿里巴巴管理层在控制权上占有更多席位。但美国监管较香港更为严格,如果选择美国
Alibaba filed an application file with the United States may be to put pressure on Hong Kong regulators in order to get Alibaba its expected corporate governance structure, which is a classic regulatory arbitrage After a year of negotiations with the HKEx On the 16th, Alibaba announced the official launch of the listing. Although the company has not yet announced a specific time to market and exchange, but informed sources, the earliest possible Alibaba IPO in the third quarter, or into the largest US IPO. However, after the announcement, it was also questioned by Internet industry commentators: Is Ma really going to list in the United States? The listing in the United States has been Alibaba’s IPO B plan. Because the United States is not the best choice for listing Alibaba, the most important attraction of the United States to Alibaba comes from the assurance of control. The “double share” system in the U.S. secondary market can support Ma and the management of Alibaba in controlling Have more seats on. However, the U.S. regulation is more stringent than that of Hong Kong if the United States is chosen