<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区

          Taste for outbound M&As strong in H1, may double in H2

          Updated: 2011-09-06 11:23

          By Wang Ying (China Daily)

            Comments() Print Mail Large Medium  Small 分享按鈕 0

          SHANGHAI - Uncertainty in the financial market did not dampen merger-and-acquisition (M&A) sentiment in China, and Chinese enterprises reached deal value of $17 billion during the first half of 2011, a newly released report said on Monday.

          According to the latest report of Deloitte Touche Tohmatsu Ltd, after registering deal value of $62 billion in outbound M&As in 2010, China continued its hunt for overseas bargains in the first half of this year. But as the second-largest economy in the world, the country could have been more ambitious.

          "M&A activities will continue to grow because Chinese companies have become more adept and sophisticated at acquiring assets overseas, even in the face of market turbulence," the report said.

          Seventy-five M&As were announced in the first half of 2011, two more than in the same period in 2010. However, the total value of deals was $17 billion, lower than $20.8 billion of the same period of last year.

          "But we expect it to double in the next half of this year," said Lawrence Chia, head of M&A services of Deloitte China and global Chinese services group co-chairman.

          Large M&As deals accounted for a larger share of the total compared with five years ago, the report said. About 20 percent of the outbound M&A deals reached over the 18 months between January 2010 and June 2011 were valued at more than $500 million, while such only 12 percent of all outbound M&A deals between 2005 and the first half of 2009 were of that magnitude.

          "Chinese companies are increasingly willing to invest abroad, driven by the need to secure raw materials from overseas and to escape from the overly crowded domestic markets. By investing overseas, Chinese companies can also acquire new technologies, create partnerships back at home and pave the way for their future investment in a target country," Chia said.

          China's M&A activity peaked in the fourth quarter of 2010 with a record 51 transactions worth $29.9 billion, driven primarily by a trio of multibillion-dollar energy and resources deals in the United Kingdom and South America.

          Deloitte expected Chinese companies to play an increasingly important role in the global economy and the M&A markets in the next few years, and energy and resources will be the most active area for Chinese investors.

          According to the report, energy and resource M&As accounted for 32 percent of the deals in the first half of 2011. The categories of consumer business and transportation, plus technology, media and telecommunications together accounted for 29 percent of the deals in that period.

          Between January 2005 and June 2010, Chinese companies made 91 deals on overseas mines alone, valued up to $31.9 billion, according to a China Youth Daily report.

          "Manufacturing is the strongest of all industries, and China's fast development and enormous demand for resources require more M&As overseas," said Andrew Zhu, partner in charge of Northern China international and M&A tax services of Deloitte.

          China Niobium Investment Holdings Ltd, a consortium of five Chinese steelmakers, announced on Friday it had completed the acquisition of 15 percent of Brazil's Companhia Brasileira de Metalurgia e Mineracao (CBMM) for $1.95 billion.

          Niobium is used mainly as an alloying element in steel to increase strength and durability. Brazil has the world's largest known niobium reserves, and CBMM owns the best of them in Brazil. The joint venture consists of CITIC Group, Anshan Iron & Steel Group Corp, Baosteel Group Corp, Shougang Corp and Taiyuan Iron & Steel (Group) Co Ltd.

          Resource M&As, compared with deals in other industries that require higher managerial ability, are less complicated for Chinese companies, Zhu said.

          A more valuable yuan will bolster Chinese companies' confidence to explore overseas, he added.

          Challenges remain, however, including regulatory concerns in target markets, a weak macroeconomic outlook and cultural differences, all of which complicate tie-ups from a bidder's perspective, the report said.

          主站蜘蛛池模板: 色伦专区97中文字幕| 东方av四虎在线观看| 国产a√精品区二区三区四区| 国产精品国产三级国产专业| 久久久一本精品99久久精品36| 亚洲精品国产老熟女久久 | 精品国产一区二区三区四区五区| 国产精品自产拍在线播放| 亚洲欧洲日产国码无码久久99| a级黄色毛片免费播放视频| 国产午夜精品亚洲精品国产 | 亚洲无av中文字幕在线| 韩国av无码| 日韩一区二区三区三级| 99久久无色码中文字幕| 极品美女aⅴ在线观看| 最好好看的中文字幕| 精品国产熟女一区二区三区| 国产18禁黄网站禁片免费视频| 日韩一区二区三区女优丝袜| 综合亚洲网| 欧美亚洲日本国产综合在线美利坚| 国产一区二区日韩经典| 2021中文字幕亚洲精品| 国产日韩入口一区二区| 欧美国产日韩久久mv| 99久久99久久久精品久久| 人妻18毛片A级毛片免费看| 一级片麻豆| 亚洲最大成人免费av| 中文熟妇人妻av在线| 欧美日韩综合在线精品| 国产精品二区中文字幕| 国内久久久久久久久久| 亚洲精品一区二区三天美| 蕾丝av无码专区在线观看| 亚洲国产精品热久久一区| 精品日韩亚洲AV无码| 亚洲精品成人一二三专区| 天堂а√在线中文在线| 精品国产免费一区二区三区香蕉 |