前三季度中国内地并购交易总额达3402亿美元 同比增长80.3%
智通财经网·2025-10-16 06:53

Core Insights - The total M&A transaction value in mainland China reached $340.2 billion in the first three quarters of 2025, representing a year-on-year increase of 80.3% but a quarter-on-quarter decline of 29.9% [1] - The number of announced transactions was 3,791, which is a 10.5% increase compared to the same period last year and a 9.3% increase from the previous quarter [1] Group 1: Cross-Border M&A - The total value of outbound M&A from mainland China was $18.1 billion, marking a year-on-year increase of 29.6% [3] - Foreign acquisitions of mainland Chinese companies totaled $11.6 billion, showing a year-on-year decline of 28.2% [3] - Domestic M&A transactions dominated with a total value of $300.5 billion, reflecting a significant year-on-year growth of 106.3% [3] Group 2: Industry Distribution - The financial sector led the M&A market in mainland China with a market share of 25.7% and a total transaction value of $87.4 billion, which is a remarkable year-on-year increase of 270.2% [4] - The energy and power sector held a market share of 17.5%, with a year-on-year growth of 193.4% [4] - The high-tech sector followed closely with a market share of 16.1% and a transaction value of $54.9 billion, reflecting a year-on-year increase of 108% [4] Group 3: Financial Advisor Rankings - CICC ranked first among financial advisors with a market share of 16.1%, involving transactions worth $54.8 billion [7] - CITIC Securities held the second position with a market share of 15.1%, while Goldman Sachs ranked third with a market share of 12.2% [7] - In terms of transaction volume, CICC, Industrial and Commercial Bank of China, and CITIC Securities were the top three [7] Group 4: Legal Advisor Rankings - The top legal advisor by transaction value was Yingke Law Firm, with a market share of 15.1% and transaction value of $51.4 billion [10] - King & Wood Mallesons ranked second with a market share of 14.0% and transaction value of $47.7 billion [10] - In terms of transaction volume, Fangda Partners, King & Wood Mallesons, and JunHe Law Offices were the leading firms [10]