Chinese companies ink more M&A deals in March: report

Updated 2017-04-17 09:31:15 Xinhua

Chinese companies secured 286 merges and acquisitions (M&A) deals in March, a hefty increase of 51.3 percent from a month ago, according to a market report.

The available data on transaction value totaled 13.44 billion U.S. dollars, up 4.6 percent from February, according to a report by a research outfit under Zero21PO Group, a service provider and investment institution.

Measured by value, over 90 percent of the deals took place in China. Some 122 deals were closed in the manufacturing sector, or 42.7 percent of the total. Those transactions were valued at 3.76 billion U.S. dollars, or a 28 percent share.

The research firm noted that although manufacturing deals rose remarkably in quantity, there remained huge room to improve in quality.

With favorable government policy, the manufacturing sector is likely to push forward structural upgrades to make it more competitive, the report added.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58August 24 2017 05:30:48

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16August 24 2017 05:30:48

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18August 24 2017 05:30:48

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

News:
China World Business Sports Showbiz Audio
Video:
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
Photos:
China World Fun Travel Entertainment Sports
Travel:
Beijing Shanghai Guangzhou
Lifestyle:
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords