ADRs / ADSs

This is not a complete list of all the China based companies listed in NYSE or NASDAQ using VIE structure, I will be updating this list periodically. Please tweet me if you see any missing companies, Thanks!

Stock Company Name Industry 2016 Revenue
Contribution of VIEs
ATHM Autohome Inc Internet 6%
BABA Alibaba Group Internet 16%
BEDU Bright Scholar Education Holdngs Ltd Education 100%
BIDU Baidu, Inc. Internet 35%
BITA Bitauto Hldg Ltd Internet 76%
BSTI Best Logistics Logistics 61%
BZUN Baozun Inc Internet 3%
CCRC China Customer Relations Centers Call Center Services 100%
CMCM Cheetah Mobile Inc Internet - Mobile 11%
COE China Online Education Group Education 100%
CTRP Ctrip.Com International Ltd Travel 45%
CYOU Changyou.Com Ltd Internet Gaming 81%
DL China Distance Education Hldgs Ltd Education 93%
EDU New Oriental Education & Tech Grp Education 99%
FEDU Four Seasons Education Education 100%
GDS GDS Holdings Ltd Internet 80%
HLG Hailiang Education Group Inc Education 100%
HX Hexindai Inc Fintech - P2P Most likely 100%
JD JD.com Inc Internet 3%
JOBS 51job, Inc. Internet 0%
JP Jupai Holdings Ltd Wealth Management 65%
JT Jianpu Technology Inc Fintech - Marketplace 8%
KGJI Kingold Jewelry Inc Jewelry n/a
LYL Dragon Victory International Internet 100%
MOMO Momo Inc Internet 100%
NOAH Noah Holdings Limited Wealth Management 17%
NQ NQ Mobile Inc Internet - Mobile 98%
NTES NetEase Inc Internet 81%
PPDF PPDAI Group Inc FinTech - P2P 100%
QD Qudian Inc Fintech - Microcredit 100%
REDU Rise Education Cayman Limited Education 95%
RYB RYB Education Inc Education 99%
SFUN Fang Holdings Ltd Internet - Real Estate 31%
SINA SINA Corp Internet 87%
SOGO Sogou Inc Internet 24%
SOHU Sohu.com Inc Internet 54%
TAL TAL Education Group Education 94%
TEDU Tarena International Inc Education 0%
TOUR Tuniu Corp Travel 100%
VIPS Vipshop Holdings Ltd Internet - eCommerce 10%
VNET 21Vianet Group Inc Internet 81%
WB Weibo Corp Internet 81%
WUBA 58.com Inc Internet 32%
XRF China Rapid Finance Ltd Fintech 0%
YIN Yintech Investment Holdings FinTech n/a
YRD Yirendai Ltd Fintech 100%
YY YY Inc Internet 99%
ZTO ZTO Express Inc Logistics 100%