test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Economy | Time:Jan 9 2017 5:28PM
China M&A activity loses momentum in 2016
 
Text size
HANGZHOU, Jan. 9 (Xinhua) -- Mergers and acquisitions activity in China lost momentum last year after China's securities regulator moved to step up market supervision.

Last year, 8,380 mergers and acquisitions were announced, down 28.5 percent from the previous year, investment research firm ChinaVenture said in a research note Monday.

Of all the mergers and acquisitions, 6,642 had a combined transaction value of 540.6 billion U.S. dollars, it said, both figures down about 31 percent from a year earlier.

Internet, IT and manufacturing are the top three sectors in terms of deal numbers, and finance, resources and manufacturing are the top three in terms of value.

Contrary to the lackluster domestic market, Chinese companies spent big overseas.

In the first 10 months of 2016, the value of overseas mergers and acquisitions involving Chinese firms exceeded 200 billion U.S. dollars, double the figure for the whole of 2015, ChinaVenture said.
Related Articles
Australia's Trade Minister to embark on tourism mission to China
Benin sees China as leading foreign trade partner during fourth
China eases restrictions on stock index futures trading
Central bank resumes net cash injection
China-Venezuela commission oversees refinery expansion project
Foreign trade rises 19.6% in January
Trade, investment remain stability source for China-US relationship
Inflation up, but not a worry
China's foreign trade to grow at single-digit rate in 2017: Nomura
China January consumer prices likely to rise modestly
 
Research
Changes in China's MEG inventory structure in 2016
Analysis on improved polyester end-user market demand in ...
Analysis on the surging nylon market in the fourth quarter ...
What will HC re-PSF market head for on dropping profits
China PET bottle chip export feature and export destination ...
Companies investing in Xinjiang really perform well?
 
 

浙公网安备 33010902000742号