ze3 hok3借殼借壳
Jyutpingze3 hok3
Yaleje hok
Definition
To execute a backdoor listing or reverse takeover.
- technicalto execute a backdoor listing or reverse takeover
- technicalto take over an existing company's shell to continue business
neutralmoneywork
How it's used
Originating from the finance sector, this term describes a strategy where a private company acquires a public company to bypass the lengthy IPO process. It carries a slightly cynical nuance, implying that the original identity of the company is merely a shell used for a different purpose. While strictly a business term, it is occasionally used metaphorically in casual conversation to describe someone taking over an existing platform or group to advance their own agenda.
Examples
They want to do a reverse takeover to list on the stock exchange, saving a lot of time.
Related words
Common phrases
backdoor listing
Common mistake
Do not confuse this with simply borrowing an object, which uses the verb 借. This is a fixed compound noun or verb phrase specific to corporate finance and cannot be used for borrowing physical items.
Grammar color guide
Noun
Verb
Adjective
Adverb
Pronoun
Classifier
Particle
Connector
Grammar guides
- TonesCantonese has six tones, and the tones can change in certain grammatical contexts. Learn the six tones and the rules for tone change.
- Time and datesClock time, days of the week, months, and years. The patterns you need to make plans and talk about when things happen.
- Modal verbsHow to say can, will, may, should, must, and want. The core modal verbs of Cantonese and the differences that trip up beginners.
