Global M&A Trends Report |
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China |
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(Asia Pacific)
Firm
JunHe LLP
Contributors
Audrey Chen |
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| With respect to private M&A, what are three things on top of mind for M&A practitioners in your jurisdiction? | Three things top of mind for private M&A practitioners in China are:
Geopolitical tensions are expected to continue shaping M&A activity in China in 2024. Regulatory changes and uncertainty in the U.S., China, and other jurisdictions will likely influence China's cross-border M&A landscape. |
| With respect to private M&A, where does your jurisdiction see most deal activity? | Most private M&A deal activity is categorized as mid-market. |
| With respect to private M&A, what sector sees the most deal activity in your jurisdiction? | Most private M&A deal activity is seen in the Technology, Media and Telecommunications sector. |
| What are your predictions for private M&A deal volume in your jurisdiction during 2024? | Private M&A deal volume in 2024 is predicted to be greater than 2023 deal activity. 2023's M&A activity was subdued, influenced by geopolitical tensions, inflation, rising interest rates, and increasing regulatory review. The outlook for 2024 is more positive, the market is expected to stabilize and grow at a steady pace. |
| With respect to public M&A, what are three things on top of mind for M&A practitioners in your jurisdiction? | Not applicable as there is limited public M&A in our jurisdiction. |
| With respect to public M&A, where does your jurisdiction see most deal activity? | Not applicable as there is limited public M&A in our jurisdiction. |
| With respect to public M&A, what sector sees the most deal activity in your jurisdiction? | Not applicable as there is limited public M&A in our jurisdiction. |
| What are your predictions for public M&A deal volume in your jurisdiction during 2024? | Public M&A deal volume in 2024 is predicted to be greater than 2023 deal activity. 2023's M&A activity was subdued, influenced by geopolitical tensions, inflation, rising interest rates, and increasing regulatory review. The outlook for 2024 is more positive, the market is expected to stabilize and grow at a steady pace. |
| Please share any other insights with respect to M&A in your jurisdiction: | M&A activities in 2024 are expected to be still influenced by various factors, Chinese regulatory updates, geo-political tension, etc. There are indications of a potential rebound in M&A activity in China, particularly in the technology sector. Cash-rich Chinese companies may seek overseas acquisitions and other investment opportunities, while adverse regulatory changes in some jurisdictions may prompt business divestments. |
Global M&A Trends Report
Three things top of mind for private M&A practitioners in China are:
- General: political environment
- Commercial: MAC / financial covenants
- Regulatory: national security and foreign investment restrictions
Geopolitical tensions are expected to continue shaping M&A activity in China in 2024. Regulatory changes and uncertainty in the U.S., China, and other jurisdictions will likely influence China's cross-border M&A landscape.
Most private M&A deal activity is categorized as mid-market.
Most private M&A deal activity is seen in the Technology, Media and Telecommunications sector.
Private M&A deal volume in 2024 is predicted to be greater than 2023 deal activity. 2023's M&A activity was subdued, influenced by geopolitical tensions, inflation, rising interest rates, and increasing regulatory review. The outlook for 2024 is more positive, the market is expected to stabilize and grow at a steady pace.
Not applicable as there is limited public M&A in our jurisdiction.
Not applicable as there is limited public M&A in our jurisdiction.
Not applicable as there is limited public M&A in our jurisdiction.
Public M&A deal volume in 2024 is predicted to be greater than 2023 deal activity. 2023's M&A activity was subdued, influenced by geopolitical tensions, inflation, rising interest rates, and increasing regulatory review. The outlook for 2024 is more positive, the market is expected to stabilize and grow at a steady pace.
M&A activities in 2024 are expected to be still influenced by various factors, Chinese regulatory updates, geo-political tension, etc. There are indications of a potential rebound in M&A activity in China, particularly in the technology sector. Cash-rich Chinese companies may seek overseas acquisitions and other investment opportunities, while adverse regulatory changes in some jurisdictions may prompt business divestments.