A slew of Chinese companies are looking to delist from the USA stock market

   

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Qihoo, with its US$9 billion buyout offer led by CEO Zhou Hongyi, is the latest in a slew of Chinese companies looking to delist from the USA stock market. That makes this the 12th company to do so. With the recent plunge in the Chinese market it will be interesting to see if the trend slows.  If not, how will USA stock markets react?

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About The Author

Chris DeAngelis is a Partner and the General Manager of Alliance Development Group (ADG). Chris is considered a leading expert on the Chinese technology scene and is regularly cited in leading media including The Wall Street Journal, The Financial Times, Forbes, TechNode, MSNBC, Digital Trends, China Economic Review, International Business Times, Thomson Reuters and others. He has BS in Accounting from Lehigh University and an MBA from Columbia Business School. He has two daughters and has been living in Beijing since 2005.