中概股回归以奇虎360为例分析.pptx

Homeward bound ----take 360 for example CONTENT The process of delist Development trend The internet services received a “preliminary non-binding proposal” from a group led by Zhou Hongyi, Qihoo chairman and chief executive. The prospective buyers also include Citic Securities and Sequoia Capital China. 2015.6.18 When a group of investors including Sequoia Capital’s China unit and company management took US-listed Qihoo 360 Technology, they were surprised how easy it was to do so at the desired valuation of $9.3bn.2015.12 1 2 3 Dismantle VIE structure Big data is a double-edged sword. It can be huge business, but also increases risks, 4 National Development and Reform Commission(NDRC) pass Privatisation programme in 4.19 Multi-tier distribution retail investor public company 天津奇信志成科技有限公司、天津奇信通达科技有限公司 1，IPO：long process ,2，financing by reverse merge Difficulties Development trend Thank you for watching Designed by cruise yu