China's mergers and acquisitions in the second half of the year or more than 1800 cases return to a higher level

BEIJING, December 15 (Zhang Yu) PwC reported here 15th that in the second half of 2009, the number of mergers and acquisitions in China (including Hong Kong and Macao) or more than 1800, the number of transactions a year or 3200, has returned to a higher level last year.　　It is understood that in the second half of last year and the whole year, the number of mergers and acquisitions in China was about 2000 and 3797 respectively. The report notes that the pick-up in deals has benefited from an increase in domestic transactions, with nearly 90% of transactions being invested in mainland China or Hong Kong, China. Offshore strategic investors remain on the sidelines, with fewer than 400 reported transactions this year, down 40% from last year.　　And the financial investors trading activity and the last year basically flat, only accounted for the total number of mergers and acquisitions in China 6%, the annual number of transactions published less than 200.　　Industry distribution, trading activities involving a wide range of industries, including the most active in the number of transactions, financial services and land industry transactions the highest amount. In addition, the report showed that overseas investment in mergers and acquisitions in the second half of the year strong growth, the number of transactions than in the previous six months have increased by 50%, the annual announcement of overseas investment or will reach about 300 to 35 billion U.S. dollars, a record high, up from last year, three times times higher.　　But Wang Xiaogang, a partner at PwC's China mergers and acquisitions service, said that the total amount of foreign investment remained only 1/3 of domestic turnover, and focused mainly on energy and resources, and there was still a lot of room for growth in offshore investment. The report predicts that the number of mergers and acquisitions in China in 2010 will increase by more than 20% this year.　　At the same time, foreign strategic investors trading or will be in the second quarter of next year, with greater volume and higher turnover to return to the Chinese mergers and acquisitions arena. The report also suggests that China's outbound mergers and acquisitions activity will grow by an annual average of 40% over the next few years as Chinese companies grow in confidence. Among them, the energy and resources industry mergers and acquisitions will still dominate. Meanwhile, mergers and acquisitions in other sectors are expected to grow rapidly as large private enterprises seek technology patents and access to foreign markets. Finish