March 25, 2021

Greater China Deal Momentum: Boosting Cross-border Deals in 2021

Virtual briefing in partnership with Mergermarket, an Acuris company

DATE: 25 March 2021

TIME: 11:00am Hong Kong

As Mainland China managed to achieve a V-shape recovery in the economy post Covid-19, the burst in M&A activities since the second half of last year helped record a 52.6% full year increase compared to 2019. Deal-making in Mainland China in 2020 alone, mounted 56.5% year-on-year to USD 463.9bn, while Hong Kong M&A activity increased by 0.7% year-on-year to USD 22bn over the same period.

Beijing’s “dual circulation” strategy, designed to spur Mainland China’s domestic demand and facilitate foreign investment and boost exports simultaneously, is considered as a strong driver that beefing up domestic consolidation. Inbound deals across the mainland have rebounded by 112.3% last year. However, cross-border deal activities, though revived to some extent, are still facing challenges from prolonged lockdowns in a few deal destinations abroad. On the other hand, outbound activities saw another steep fall in 2020 by 48.6%.

Difficulties to conduct M&A transactions, especially physical management meetings and on-site due diligence, remain to be the biggest obstacles that dragged down the cross-border deal momentum.

In this live panel discussion with Freshfields, China Tourism International Corporation Limited and Citi, we take stock of M&A activity in Hong Kong and Mainland China and consider, outlook for the rest of the year.

Could not join the live session? Register now to access the on-demand replay.

You may also like:

As the tide turns, what’s next? H2 2022 Market Outlook

Join Datasite as we unpack insights and trends from our global M&A report in partnership with PitchBook. In this live webinar, Datasite and PitchBook will host a panel of M&A leaders to unearth their H2 2022 market outlook, challenges, opportunities, and best practices amid a pivotal year.

Investment banker runs along a beach
M&A Deal Momentum: Influence of ESG on APAC Dealmaking

In the webinar, we will take a deep dive into to the fast-evolving and profoundly important area of ESG in APAC, analyzing the extent to which it is driving and transforming dealmaking in the region, which sectors are being impacted most, and what role technology is playing in diligence to execution.

Democratization of private equity

The emergence of retail investor/public investor money coming into private equity and several investment platforms are really starting to ‘democratize’ access to private equity. Is this connected with the growing number of IPOs that we are seeing for PE firms?