Asia-Pacific M&A deals amounted to US$302 billion in the first five months of this year for a 22% decline from a year ago. However, China still remained a bright spot with a 31% increase in M&A deals.
The Asset quoted Michael DeFranco, global head of M&A at Baker & McKenzie, as saying:
“Chinese investors were extremely active in Q1 as they looked beyond their own borders for growth opportunities, supported by government-led initiatives to diversify the economy. This was after a record year for Chinese investment into the US and EU in 2015.”
To read the whole article, China M&A is one bright spot amid regional decline, go to the website of The Asset. In addition, check out our China closed-end fund list and China ETF list pages.
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