CKGSB Knowledge - China Business and Economy

Why Do Chinese Companies Seek IPOs Overseas?

In May, the CKGSB Business Conditions Index (BCI) fell slightly from 56.6 to 55.1, remaining just above the confidence threshold of 50.

Some indices have not changed significantly month-on-month. The sales and profit indices fell somewhat and those for financing environment and inventory levels experienced a rebound. Costs remained at a high level and prices fell slightly. For more details, see the May BCI report in full (page 58).

In general, the BCI data does not show big changes, but some structural issues still stand out, including prospects for financing. First, let us look at the data. The corporate financing index registered 38.0, an improvement on April’s 34.6, but still far below the confidence threshold of 50.

Our survey’s respondents are mainly executives of CKGSB alumni companies, meaning their firms are mostly successful Chinese small and medium-sized enterprises (SMEs). They often find no place

Вы читаете отрывок, зарегистрируйтесь, чтобы читать полное издание.

Другое от: CKGSB Knowledge - China Business and Economy

CKGSB Knowledge - China Business and Economy8 мин. чтенияPolitics
A Balancing Act
Despite the rise in domestic consumption and the impact of the US-China trade war, exports are in fact still an important driver of the Chinese economy China’s phenomenal growth and rising prosperity over the past four decades was kickstarted by exp
CKGSB Knowledge - China Business and Economy4 мин. чтения
A Lack of Confidence
The BSI project is directed by Gan Jie, Professor of Finance at CKGSB The CKGSB Business Sentiment Index continued to expand slightly in the third quarter of 2019. Real output, on the other hand, contracted, as reflected in production, electricity
CKGSB Knowledge - China Business and Economy1 мин. чтения
CKGSB Knowledge - China Business and Economy
Zhou Li Marcus Ryder and Greg Langley Mable-Ann Chang Chen Manting Jason Wong Raciel Avila Silva SinoMedia ■