華為美國上市無望
|
????昨天，美國眾議院情報委員會（the U.S. House Intelligence Committee）發布報告，指責中國科技公司華為（Huawei）威脅美國國家安全。其實，這純粹是“欲加之罪”，原因只是因為華為與中國政府有關系，而中國政府又被認為涉嫌卷入了黑客活動。 ????這種擔憂聽起來是不是很耳熟？沒錯。因為早在2007年，美國國會便因為同樣的擔憂，破壞了貝恩資本（Bain Capital）和華為以約22億美元將美國科技公司3Com私有化的計劃（華為將持有3Com公司16.5%的股份，包括一個為美國政府提供網絡安全軟件的部門）。后來，3Com公司被惠普（Hewlett-Packard）以27億美元收購。 ????但最近，有傳聞稱華為正在考慮進行首次公開募股。實際上，過去幾年已經斷斷續續傳出過許多類似的傳聞。不過本月早些時候的報道顯示，在很大程度上，發售新股的目的是為了讓華為公司看起來更加透明（包括所有權方面）。 ????那么，眾議院的報告對華為的IPO計劃會產生怎樣的影響？昨天，我與兩位科技銀行家就此進行了交流，并了解了他們的看法。他們都表達了同樣的觀點：鑒于美國政府對華為的立場，再加上華為無法收購美國公司，因此，眾議院的報告徹底抹殺了華為在美國上市的可能性。他們都認為，英國政府對華為的態度更加寬容（至少目前是如此），因此這家公司也可能選擇在倫敦上市。但說到底，華為在中國上市的可能性更大。 ????譯者：劉進龍/汪皓 |
????Yesterday the U.S. House Intelligence Committee issued a report accusing Chinese tech company Huawei of posing a national security threat to the U.S. It was largely a guilt-by-association sort of thing, based on questions about Huawei ties to the Chinese government and, in turn, the Chinese government's alleged involvement in hacking activities. ????If such concerns sound familiar, it may be because similar Congressional worries scuttled a 2007 deal whereby Bain Capital and Huawei would have taken 3Com private for approximately $2.2 billion (Huawei would have held a 16.5% stake in 3Com, including in a unit that provided network security software to the U.S. government). 3Com was later acquired by Hewlett-Packard (HPQ) for $2.7 billion. ????More recently, however, there have been reports that Huawei is considering an IPO. Actually, these reports have come out intermittently over the past several years – but one earlier this month suggested that the offering would be used, in part, to make the company appear more transparent (including in terms of ownership). ????So yesterday I spoke with a couple of tech bankers, to get their take on how the House report could affect the IPO plans. They both told me the same thing: The report ended any likelihood of Huawei listing on a U.S. exchange, given the U.S. government's position on the company and its inability to acquire American businesses. They both felt that a Chinese listing was more likely, although London remained a possibility given the UK government's more charitable view toward the company (at least for now). |
最新文章