學門類別
最新個案
- Leadership Imperatives in an AI World
- Vodafone Idea Merger - Unpacking IS Integration Strategies
- V21 Landmarks Pvt. Ltd: Scaling Newer Heights in Real Estate Entrepreneurship
- Snapchat’s Dilemma: Growth or Financial Sustainability
- Did I Just Cross the Line and Harass a Colleague?
- Predicting the Future Impacts of AI: McLuhan’s Tetrad Framework
- Porsche Drive (A) and (B): Student Spreadsheet
- Porsche Drive (B): Vehicle Subscription Strategy
- TNT Assignment: Financial Ratio Code Cracker
- Winsol: An Opportunity For Solar Expansion
Green Trend: The Road to an Overseas Red-Chip IPO
內容大綱
In July 2019, Green Trend Holdings Co. Ltd. (Green Trend) faced a difficult situation with regard to flaws in the preparation of its proposed initial public offering on the Stock Exchange of Hong Kong. According to the remedy measures raised by the underwriter facilitating the initial public offering process, Green Trend needed to raise additional capital of ¥1 billion with a proposed annual interest rate of about 30 per cent. Of course, the company could have postponed the initial public offering; however, without the long-awaited return following a successful initial public offering, all the efforts taken in past years would be in vain. The uncertainty of the capital market would further complicate the future road to an initial public offering. Did Green Trend have better alternatives?
學習目標
This case is suited for an undergraduate- or graduate-level course that touches on corporate financing, capital markets, and corporate financing decisions (innovation and regulations). By working through the case and assignment questions, students will have the opportunity to:<ul><li>Understand the different levels and the structure of the Chinese capital market.</li><li>Understand the regulations governing capital fund transfers.</li><li>Understand the various ways of designing an overseas financing structure as well as the concepts of handling related core problems.</li><li>Understand the basic concepts and methods of business restructuring prior to an IPO.</li></ul>