Analysis on insider trading of backdoor listing of 360 Technology Limited

DOI

10.2991/hsmet-18.2018.124How to use a DOI?

Keywords

Backdoor listing, Insider trading.

Abstract

Backdoor listing can enable enterprises to go public quickly to raise funds and promote industrial development, but backdoor listing insider trading is an important issue that cannot be ignored. Information leakage will lead to market fluctuation in the backdoor listing. Insider trading will increase the stock price before the backdoor listing, reduce market liquidity and increase the backdoor cost. This article selects this year's hot topics"Backdoor listing of 360 Technology Limited"as a case, combined with the method of market model, stock turnover rate and the change of the number of shareholders analysis before the 360 Technology Limited backdoor listings there is no large-scale phenomena of insider trading, but there are signs that there may be a small insider trading. The government should strengthen the supervision of information disclosure and crack down on insider trading.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Xinhong Wang
AU  - Haoran Zhao
PY  - 2018/06
DA  - 2018/06
TI  - Analysis on insider trading of backdoor listing of 360 Technology Limited
BT  - Proceedings of the 2018 3rd International Conference on Humanities Science, Management and Education Technology (HSMET 2018)
PB  - Atlantis Press
SP  - 625
EP  - 627
SN  - 2352-5398
UR  - https://doi.org/10.2991/hsmet-18.2018.124
DO  - 10.2991/hsmet-18.2018.124
ID  - Wang2018/06
ER  -