造壳上市

论铁路企业的资产经营与造壳上市

Studying the Assets Operation of Railway Enterprises and Creating Shell to Enter Into the Stock 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 .

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 .

在直接上市、造壳上市和借壳上市三种境外上市方式中，当前全球经济不景气和股票市场低迷使借壳上市正成为中国企业国际化扩张的低成本方式。

There are three methods of listing abroad & direct listing , founding abroad listing and takeover listing . At present , the world economy is getting in depression and stock market prices are low , takeover listing is becoming a low-cost manner for Chinese firm internationalization .