It is easy to find bankers sighing about Chinese technology, media and telecoms deals these days. Since July, when the US Securities and Exchange Commission began an investigation into New Oriental Education and Technology Group, a New York-listed company that runs language schools in China, investors have been reluctant to touch Chinese TMT initial public offerings – a traditional driver of deals in the sector.
最近,人們?nèi)菀滓?jiàn)到銀行家們對(duì)中國(guó)TMT(電信、媒體和科技)企業(yè)交易案唉聲嘆氣。今年7月,美國(guó)證交會(huì)(SEC)啟動(dòng)對(duì)紐約上市公司新東方教育科技集團(tuán)(New Oriental Education and Technology Group,下稱(chēng)新東方,該公司在中國(guó)經(jīng)營(yíng)語(yǔ)言培訓(xùn)學(xué)校)的調(diào)查。自那以后,投資者一直對(duì)中國(guó)TMT企業(yè)的首次公開(kāi)發(fā)行(IPO)敬而遠(yuǎn)之。在過(guò)去,TMT領(lǐng)域的交易案主要為IPO。