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《大行報告》花旗:市場已過度憂慮內地互聯網企業的VIE結構監管風險
阿思達克 07-29 11:43
花旗發表報告表示,隨着內地政府近期公佈外資不能透過可變利益實體(VIE)方式投資相關課後輔導(AST)行業後,部份投資者擔心內地監管政策或會進一步收緊至互聯網企業,因大部份中資互聯網企業均採取可變利益實體(VIE)結構。

該行認爲上述市場擔心屬過度,指課後輔導行業商業模式或潛在影響社會穩定,而且對現有教育系統帶來挑戰。該行指,許多內地互聯網公司已經展示了其研發和發展實力、並開創了比西方同業更先進的創新商業模式,一些互聯網巨頭也在探索芯片設計、人工智能算法及自動駕駛技術的研發,該行認爲這些將有利於中國經濟的未來發展。

花旗指,雖然對內地互聯網行業的監管一直在收緊,但所有建議的指導方針或政策的實施都是爲了規範混亂運營狀態,並促使行業長期更健康及合理的發展。

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