Jacob Frenkel Comments on US Capital Markets for China Businesses
- Media Mentions
Want to get our alerts?
Click “Subscribe Now” to get attorney insights on the latest developments in a range of services and industries.
In the September 2016 issue of China Business Law Journal, Attorney Jacob Frenkel discusses the market for U.S. listings of China companies in the article “Eagle Eye”.
In recent years, a rash of repeated accounting fraud scandals has reduced investor confidence and appetite for Chinese listings. As a direct result, valuations have plummeted and the flood of Chinese listings in the U.S. market has ended. Now more Chinese companies are considering to de-list from U.S. stock exchanges in order to go private and then re-list and trade in China.
Mr. Frenkel commented in the article about the SEC’s attitude towards U.S.-listed Chinese companies as “meaningful skepticism,” an attitude that is improving for two reasons: “One is there is a better understanding of the market. The other is that many of what the SEC viewed as the bad or fraudulent companies are pretty much out of business and off the markets. And the SEC is seeing Chinese companies viewing U.S. regulation and expectations more seriously. All companies that are public in North American markets are subject to much greater scrutiny than ever before.”
To read the complete article, please click here.
In recent years, a rash of repeated accounting fraud scandals has reduced investor confidence and appetite for Chinese listings. As a direct result, valuations have plummeted and the flood of Chinese listings in the U.S. market has ended. Now more Chinese companies are considering to de-list from U.S. stock exchanges in order to go private and then re-list and trade in China.
Mr. Frenkel commented in the article about the SEC’s attitude towards U.S.-listed Chinese companies as “meaningful skepticism,” an attitude that is improving for two reasons: “One is there is a better understanding of the market. The other is that many of what the SEC viewed as the bad or fraudulent companies are pretty much out of business and off the markets. And the SEC is seeing Chinese companies viewing U.S. regulation and expectations more seriously. All companies that are public in North American markets are subject to much greater scrutiny than ever before.”
To read the complete article, please click here.
Recent Insights
- April 18, 2024 Industry Alerts Plugged In: An EV Newsletter Vol. 2, No. 4
- April 17, 2024 Media Mentions Joseph Silvia was recently quoted in the S&P Global Market Intelligence article, “Provident-Lakeland unusual deal approval conditions tell cautionary tale.”
- April 17, 2024 Media Mentions Jacob Frenkel was recently highlighted in the Thomson Reuters article, “Anonymous Audit Firm Sues PCAOB to Block ‘Excessively Intrusive and Burdensome’ Investigative Demand,” for his role as lead counsel.
- April 17, 2024 Media Mentions Yahoo Finance recently quoted Jacob Frenkel in an article titled, “The 5 big threats Boeing faces as CEO departs.”
- April 16, 2024 Webinars Building a Better Fiduciary Process for 2024 for Retirement Plan Sponsors
- April 16, 2024 Video Minutes on the Matter with Daniel Cotter: History of the Biometric Information Privacy Act
- April 12, 2024 Media Mentions Charles Brecker was recently quoted in The Real Deal article on South Florida’s condo buyout landscape.
- April 11, 2024 In the News Jennifer Vaquerano Joins Dickinson Wright Ft. Lauderdale Office
- April 10, 2024 In the News Dickinson Wright Listed in Modern Healthcare’s 2024 Largest Law Firms