The value of M&A transactions in Guangdong Province ranked first in the country in the first half of the year

　　Yangcheng Evening News reporter Hang Ying reported: On August 24, PricewaterhouseCoopers released the "Review and Prospects of China's M&A Market in the Mid-term of 2022". It hit 6,173, but M&A deal value fell sharply to the lowest half-yearly figure since 2014, at $236.7 billion.

There has been a significant reduction in "megadeals" during this period.

　　In the first half of this year, the number of mega-mergers and acquisitions (more than $1 billion in a single deal) was only 22, less than half the number in the second half of last year, and the value of the deal fell sharply to a seven-year low.

Private equity fund transaction value reached $118.5 billion, which has remained more than half of the total deal value for three consecutive semi-annual years.

Private equity deal volume fell sharply by nearly a quarter from a record in the second half of 2021.

　　For the Guangdong market, the number of M&A transactions in Guangdong Province reached 1,056 in the first half of this year, ranking first in the country, with an average of nearly 6 transactions per day.

The total amount of M&A transactions disclosed in the province reached 185.9 billion yuan, ranking first in the country.

　　Zhang Rui, Partner of PwC China M&A Advisory Services, said: "With the in-depth development of the Guangdong-Hong Kong-Macao Greater Bay Area, investors' willingness is still strong, among which manufacturing, IT informatization, new energy and mining are among the top concerns of capital. The top three areas. We believe that if a series of unfavorable factors such as the epidemic, interest rates, and geography are alleviated in the second half of the year, investor confidence will gradually recover.”

　　In terms of exchanges in cities, Shenzhen ranked first with 55% of the transaction value and 61% of the transaction volume, followed by Guangzhou with 19% and 17% of the corresponding data respectively. Quantity accounted for 98% of the province.

　　Returning to the national market, in the first half of the year, the number of domestic corporate strategic M&A transactions exceeded 2,400, but the total transaction value fell to less than 100 billion US dollars.

In terms of deal volume, despite a 2% decline, small-scale M&A transactions were still positively driven by key domestic themes, such as industrial upgrading and high-tech sectors, and were less affected by various uncertainties.