1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      Chinese M&As surge 37 pct in 2012: report

      2013-01-06 16:45 Xinhua     Web Editor: Gu Liping comment

      Mergers and acquisitions (M&As) by Chinese enterprises surged 37 percent year on year in 2012 in terms of their disclosed transaction value, according a report issued by a research and consulting institute.

      The total value of disclosed M&A transactions involving Chinese firms amounted to 307.79 billion U.S. dollars in 2012, up 37 percent year on year, according to data released Sunday by ChinaVenture.

      The amount is the greatest recorded since 2007, with the total transaction value nearly tripling since then, the report said.

      However, the total number of M&As was down last year, with a total of 3,555 transactions announced, down 23 percent from 2011, the report said.

      The total value of completed transactions also shrank by 17 percent year on year to stand at 127.45 billion U.S. dollars, the report said.

      ChinaVenture analyst Fiona Wan said last year's M&As were marked by single transactions that involved large corporations and huge sums, resulting in fewer cases but a larger total scale.

      Among the 2,458 closed M&As, a total of 230 were cross-border deals, generating a transaction volume of 36.63 billion U.S. dollars, the report said.

      Affected by the lackluster global economy, many overseas assets tended to be undervalued and Chinese investors were more willing to engage in mergers, Wan said.

      The energy and mining sectors accounted for most of last year's M&A activity, topping other industries with a total transaction scale of 33.52 billion U.S. dollars, according to the report.

      A notable case was the China National Offshore Oil Corporation (CNOOC)'s bid to buy the Canada-based Nexen Inc. for 15.1 billion U.S. dollars, a deal that will be China's biggest overseas acquisition ever once completed.

      In terms of the number of transactions completed, the manufacturing sector ranked first with 450 M&A deals closed in 2012, followed by the energy, mining and financial sectors, the report said.

      The entertainment, cultural and Internet sectors also closed some major deals, including a 7.1-billion-U.S. dollar share repurchase by the Alibaba Group, a Chinese e-commerce platform provider, and Dalian Wanda Group Co.'s purchase of U.S. cinema chain AMC Entertainment Inc.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 亚洲男人天堂2020| 成人免费毛片视频| 亚洲国产成人精品无码区在线观看| 美女黄色免费网站| 日韩在线a视频免费播放| 亚洲va精品中文字幕| 无人在线直播免费观看| 亚洲国产日产无码精品| 一二三四视频在线观看中文版免费| 亚洲一欧洲中文字幕在线| 一二三四在线播放免费观看中文版视频 | 手机在线免费视频| 亚洲中文字幕一二三四区苍井空| 久久久久国色AV免费观看性色| 久久精品国产亚洲αv忘忧草| 成人人观看的免费毛片| 亚洲AV成人一区二区三区观看 | 成人毛片免费观看视频大全| 亚洲精品精华液一区二区 | 杨幂最新免费特级毛片| 奇米影视亚洲春色| 亚洲av手机在线观看| a一级爱做片免费| 亚洲成AV人片在线播放无码| 久久久久久精品免费看SSS| 亚洲欧洲无码AV不卡在线| 青青草国产免费久久久下载| 免费一级特黄特色大片| 亚洲一区影音先锋色资源| 一级成人毛片免费观看| 久久精品亚洲视频| 国产免费人成视频在线播放播| 久久精品国产精品亚洲艾| 在线观看AV片永久免费| 免费一级特黄特色大片| 亚洲视频免费一区| 免费看男女下面日出水视频| 日韩电影免费观看| 亚洲成av人在线观看网站| 久久国产亚洲精品麻豆| 日本精品人妻无码免费大全|