22-01-2022, 12:40 PM
The main thing is that most Chinese business family is more worried about 富不过三代 than making more money or building a legacy. The aim is to maintain and secure the pie than to grow it.
The listing of the business still allows for majority (family) control and the large pool of IPO cash helps to allay the above concern.
There is a need to differentiate founder led business vs family businesses. Their modus operandi is very different.
Family led businesses listed on the exchange often led to substantial inefficient capital allocation and often poor share price performance.
OWH
www.weightedresearch.com
The listing of the business still allows for majority (family) control and the large pool of IPO cash helps to allay the above concern.
There is a need to differentiate founder led business vs family businesses. Their modus operandi is very different.
Family led businesses listed on the exchange often led to substantial inefficient capital allocation and often poor share price performance.
OWH
www.weightedresearch.com