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海外基金大行其道, 反证了本土金融环境与社会环境的某种缺失境外投资基金最近一段时间频频出手,已引起国内财经界高度关注。财经人士比较关心海外基金会给死水一潭的资本市场和剧烈变动中的金融格局带来什么样的影响,但本土企业界的感觉可能不大一样。大体看来,境外基金在本土实业领域,主要投资三类企业:高成长的新兴中小企业;资金突然困难的优秀企业;改制中的地方国有制造企业。境外基金为什么看中这些企业?这些企业为什么愿意接受境外基金的投资?这一个硬币的两个方面,反映出了当前中国经济现实中实业与金融严重脱节的大问题,更反映出境外投资者与国内财经界在本土企业和企业家价值衡量上的巨大差异。
The widespread popularity of overseas funds has testified to the fact that some missing overseas investment funds of the local financial environment and social environment have frequently shot up recently and have drawn great attention from the domestic financial circles. Financial professionals are more concerned about the impact that overseas foundations have on the stagnant capital markets and the rapidly changing financial landscape, but the local business community may not feel the same. In general, overseas funds mainly invest in three types of enterprises in the local industrial field: newly growing small and medium-sized enterprises with high growth rates, outstanding enterprises with sudden financial difficulties, and local state-owned manufacturing enterprises under restructuring. Why do foreign funds value these enterprises? Why are these enterprises willing to accept the overseas fund investment? The two aspects of this coin reflect the current China’s economic reality, a serious disconnect between the industry and the financial problems, but also reflects the foreign investors and The huge differences between the domestic financial circles in measuring the value of local enterprises and entrepreneurs.