Chinese companies to accelerate mergers and acquisitions in the second half

"Financial reporter Dong Ji," Ernst and the February 17 issued a "barometer of capital confidence," the Chinese companies in the second half of this year will accelerate mergers and acquisitions at home and abroad.　　51% of Chinese respondents to the survey said they were likely or likely to carry out acquisitions in the next 12 months, much higher than the average of 44% in the global and other BRIC countries. "It is clear that Chinese companies have a stronger desire to deal than their global rivals," said Mr Partridge, managing partner of the financial transactions advisory services at the Greater China region. "Chinese respondents will focus their work on cash positions within the next 12 months." Most respondents (79%)　　Says it will focus on cash-flow issues in the coming year, and surveys show that 61% of respondents think that operational and cost-effectiveness will receive more attention. The results of the global survey are reversed. 67% per cent of respondents said that the most concerned issues in the coming year were operational and cost-effectiveness, while 58% of respondents highlighted cash flow/liquidity issues, a sort of which was largely reflected in the findings of the United States.　　In addition, Chinese executives are more satisfied with their debt, and 44% per cent said they did not have to refinance their debt. Cailin, a partner in the Financial Transactions Advisory service at the North China region, said the conditions for the 2011 merger market were ripe.　　If corporate confidence and economic recovery are sustained, mergers and acquisitions may be at their highest level since 2008. The "Capital Confidence Barometer" is a biannual survey of more than 1000 senior executives from a large global company. "Author: caijing reporter Dong Ji"