Mergers and Acquisitions of A-share Companies Surge 87% YoY for January-July


China’s A-share companies have seen a surge in the number and value of mergers and restructuring deals since the start of 2018.

As of the end of July Chinese listed companies have seen 2,377 acquisitions or restructuring deals since the start of the year for a year-on-year rise of 87%, according to figures revealed by Zhang Shenfeng (张慎峰), vice-chair of the China Securities Regulatory Commission (CSRC), at the 2018 Netease Economists Annual Summer Forum on 26 August.

The total transaction sum was 1.36 trillion yuan, for a YoY rise of 38%.

Zhang said that Chinese regulators would in future continue to deepen reform of the share issuance system, actively drive the merger and restructuring of listed companies,and improve issuance assessment and merger and restructuring monitoring mechanisms.

CSRC will also expand opening to the outside, accelerate the implementation of policies to ease restrictions on foreign investment in the Chinese securities sector, as well as endeavour to roll out the Shanghai-London Connect initiative before the end of the year.