境外间接上市

新浪模式广泛应用于我国境内企业境外间接上市的股权架构中，具有典型意义。

Pattern of Sina is used widely in the indirect listing overseas for the domestic enterprises .

我国境内企业于境外间接上市是企业的重要融资方式之一，同时有利于企业提升其管理水平，促使企业进行规范化管理、建立现代企业制度。

Indirect listing overseas is one of the most important means of financing for the domestic enterprises of China . And it is favorable for the domestic enterprises to improve the management level , regulate the management and establish modern enterprise system .

本文以我国境内企业境外间接上市的外汇监管问题为研究中心，主要采用了分类、比较和归纳的研究方法，分别从境外投资和返程投资的角度对境外间接上市的外汇监管问题进行探析。

This thesis focuses on the foreign exchange supervision on indirect overseas listing of enterprises in China . Research methods , such as classification , comparison and induction are employed to analyze the foreign exchange supervision on indirect overseas listing from perspectives of overseas investment and round-tripping investment .

对民营企业境外间接发行上市监管的域外效力&裕兴案引发的思考

Extraterritorial Effect of Regulatory Authority on Indirect Issuing and Listing Security Abroad by Chinese Privately Owned Enterprises & the Yu Xing Case and Beyond

同样，去境外间接、直接上市等也是筹集外资的渠道。怎样借鉴国际经验，发展我国的B股市场等。是一个重要的课题。

It is of great importance to draw from international experience and promote the development of B-share market in our country .

境内证券监管部门有权就民营企业在境外间接发行股票并上市交易的行为进行域外监管。

Chinese security authority possesses extraterritorial jurisdiction over indirect issuing and listing security abroad by Chinese privately owned enterprises .

首先分析了境外上市的模式，介绍了境外直接上市和境外间接上市两种基本模式，并分析他们不同的法律地位。

First , we analyzed the model of listing on the oversea market and introduced the two basic model-direct listing and in direct listing . And we analyzed their different legal status .

论文首先阐述了境外上市的含义、优势和基本程序，然后分别论述了境外直接上市和间接上市的条件、形式、基本程序和优缺点。在此基础上，重点论述了境外造壳上市的运作模式。

The following chapters discuss the benefits , procedures of direct listing and in direct listing , the advantages and disadvantages of them and the mode of listing overseas by building a shell .