中國企業年境外上市數量規模均大大下跌

The number and value of initial public offerings by Chinese companies in overseas markets have plummeted this year, but conversely figures for firms seeking a domestic listing have soared.

中國企業今年在境外市場首次公開募股(IPO)的數量和規模雙雙大幅下跌，相反，尋求在國內上市的公司數量上漲。

Data from Bloomberg showed that Chinese companies announced just 14 overseas listings worth a combined $666 million, a 98 percent fall from $29 billion in 2014－both the lowest total number and lowest value in four years.

彭博社的數據顯示，今年宣佈在境外啓動IPO的中企數量僅爲14家，IPO總規模爲6.66億美元，較2014年的290億美元下降98%。今年在境外市場IPO的中企總數和規模都是自2011年以來的最低水平。

The results showed that as well as a huge number of new listings planned at home, there were a record number of Chinese firms delisting in the United States and seeking to relist at home.

這一結果表明，不但有大量中企計劃在國內上市，還有創紀錄數量的中企紛紛從美國退市，尋求回到國內重新上市。

KPMG predicted that as Chinese mainland bourses become more market-oriented, particularly with the launch soon of a registration-based IPO system, domestic companies are more likely to choose to list in Shanghai and Shenzhen.

畢馬威預測，由於中國大陸股票交易所變得更加市場化，特別是結合剛剛推出不久的IPO註冊制，國內企業會更加願意選擇在上海和深圳上市。

That new mechanism will lower the listing threshold, simplify the process and emphasize financial disclosure, and is seen as one of the most important steps to reform China's capital markets.

這一新的機制將會降低上市門檻，簡化過程，增強財務信息披露，並且會被視爲中國資本市場改革的最重要的一步。