红筹上市

第二章中国民营企业红筹上市模式介绍。

Chapter Two : the modes of private enterprises cross-border listing .

红筹上市①是国内企业海外融资的一种典型途径。

The Offshore IPO is a model approach for domestic companies to finance at abroad .

笔者认为，从短期来看，对红筹上市模式在短期内不会放松管制已经成为各方的共识，短期内中国民营企业将大量将目标重新锁定为国内资本市场。

The paper suggests that in the short-term run , the regulation on red-chip mode is still going on and private enterprises would fix their eyes on the domestic market .

在此基础上，重点论述了境外造壳上市即以红筹方式上市的运作模式。

Consequently , the paper emphasis the mode of making a shell of red chips to list .

要在香港以红筹身份上市，企业主也需要一本外国护照。但现在外商投资企业和本地企业的税率已经拉平，而且香港提高了上市审查标准后，海外上市也不那么容易了。

Some business owners got foreign passports so they could list their companies in Hong Kong as ' red chip ' stocks . But foreign investors are now subject to the same tax rates as locals , and Hong Kong has tightened listing requirements .