国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Economy

US share of China's global M&A deals 'rising'

By Hu Yuanyuan (China daily) Updated: 2015-09-25 07:38

The United States is expected to be the second-largest destination for Chinese outbound mergers and acquisitions this year, with high-tech companies being the most-sought-after targets, experts from Deloitte said on Wednesday.

In the first half of 2015, Chinese outbound M&A volume grew by 25 percent while the value jumped by 70 percent year-on-year, according to statistics from Mergermarket, a company specializing in corporate financial news and analysis.

Deals were largely concentrated in Western Europe and the US, with the former attracting half of the deal value due to the deprecating euro. Western Europe accounted for 35 transactions worth $24.3 billion, while the US took 35 deals totaling $9.9 billion.

A record increase in the M&A value in the European Union is largely attributed to the deal of Hong Kong-listed conglomerate Hutchison Whampoa Ltd buying Telefonica UK Ltd for $15.29 billion, according to Patrick W. Yip, national M&A leader at Deloitte.

"We expected the US to be the second-largest destination for Chinese outbound mergers and acquisitions this year, and Chinese interest in the US will continue to grow, especially in the technology and innovation sector," said Yip.

Because of the economic slowdown at home, an increasing number of Chinese investors plan to diversify their risks by investing in the US as the world's largest economy shows clear signs of recovering this year.

"Technology, media and telecommunications, manufacturing and consumer business assets in mature markets were the most attractive targets for Chinese outbound investors," said George Warnock, global leader of Country Services Groups of Deloitte. "Most TMT investments were concentrated in the US and were the most-sought-after targets globally."

In the first half of 2015, the value of Chinese acquisitions in the TMT sector increased by 209 percent year-on-year, Deloitte statistics showed.

Meanwhile, the share of minority acquisitions by Chinese investors also grew from a year ago, largely in mature markets such as the US and Western Europe, particularly in the technology and manufacturing sectors.

Tencent Holdings Ltd, for instance, agreed in April to acquire a 16.3 percent stake in the US-based listed company Glu Mobile Inc for $126 million.

"The depreciation of the renminbi will have a certain impact on Chinese companies' acquisitions in US in the short term, but the impact is minimal compared with their strategic purposes," said Warnock.

Previous Page 1 2 Next Page

Hot Topics

Editor's Picks
...
黄梅县| 甘孜县| 乃东县| 罗城| 陕西省| 开远市| 高唐县| 兴化市| 乾安县| 墨玉县| 自贡市| 福建省| 和硕县| 资兴市| 伊金霍洛旗| 黑河市| 朝阳市| 通海县| 上蔡县| 绥棱县| 佛坪县| 洛宁县| 西乌珠穆沁旗| 沙雅县| 光泽县| 靖远县| 崇仁县| 泾源县| 金寨县| 长阳| 华安县| 陆良县| 武夷山市| 隆林| 牡丹江市| 阿合奇县| 霍林郭勒市| 景洪市| 临猗县| 哈尔滨市| 夹江县|