Beyondsoft, a leading provider of software outsourcing company in China, which began preparations for its overseas activities make in 2004, including the establishment of a red-chip structure for overseas listing needs and the introduction of foreign institutional investors. However, the global financial crisis broke out when Beyondsoft wanted to submit its listing on the U.S. Securities and Exchange Commission in 2007. As a result Beyondsoft had no choice but to temporarily shelve the listing plan and Gr … Read more »

Beyondsoft, a leading provider of software outsourcing company in China, which began preparations for its overseas activities make in 2004, including the establishment of a red-chip structure for overseas listing needs and the introduction of foreign institutional investors. However, the global financial crisis broke out when Beyondsoft wanted to submit its listing on the U.S. Securities and Exchange Commission in 2007. As a result Beyondsoft had no choice but to temporarily shelve the collection plan and to cope with all my heart the sudden crisis. Only after Beyondsoft showed steady performance and cash flow in 2009, the listing was on agenda again. However, the U.S. capital market was not as booming as it was in the past, after the peak of the crisis, making it difficult to find a window for listing in the U.S., to wait patiently, looking forward to the next upturn in the U.S. open capital market soon come, or turn to other overseas markets overseas listing plan or decided to give up and go back to the domestic A-share market? Beyondsoft President Ben Wang fell in repeated comparisons and options. Beyondsoft finally chose to return to the domestic A-share market and has been successful in SME Board of the Shenzhen Stock Exchange on 6 January 2012 listed. The cases of Beyondsoft IPO include a portion (A) and part (B). (A) is primarily used for the discussion in the class, and (B) is an after-class reference for students
«Hide

from
Ning Jia,
Hong Zhang
Source: Tsinghua University
24 pages.
Release date: 30 October 2012. Prod #: TU0032-PDF-ENG
A Beyondsoft IPO HBR case solution

[related_post themes="flat"]