Regulatory, geopolitical uncertainties cloud M&A activity in China: Deloitte

Quick Summary:

Investors are not sure about the economy, confidence is not high and they want the Chinese government to take steps to drive growth, Deloitte’s Stanley Lah says.

As China’s domestic market slows and home-grown companies become more competitive globally, many Chinese companies are actively pursuing globalisation.

In the first half of 2024, M&A volumes and values in Asia-Pacific decreased by 17 per cent and 32 per cent, respectively, compared with the first half of 2023.

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Article Details

Author / Journalist: Mia Castagnone

Category: Business

Markets: Hong KongChina

Topics: Volumes China Year Economic Deals Deloitte Cent Chinese Companies According

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-19 @ 06:30:19 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: scmp.com

Language: English

Article Length: 536 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 29 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © SCMP

News ID: 22128394

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