上交所副总经理王泊：并购重组为国际投资者带来新的投资机会

Core Viewpoint - The Shanghai Stock Exchange (SSE) is actively promoting high-level opening-up of the capital market, aiming to create a favorable environment for foreign investment and enhance the quality of listed companies through mergers and acquisitions (M&A) [1][2]. Group 1: Market Environment and Initiatives - The SSE has nearly 2,300 listed companies with a total market capitalization exceeding 60 trillion yuan, positioning itself as a hub for blue-chip and technology innovation companies in China [1]. - The SSE is committed to deepening market-oriented reforms in M&A, optimizing the regulatory framework, and enhancing the inclusiveness and adaptability of its systems to meet the needs of technological innovation and foreign investment [1][2]. Group 2: M&A Activity and Trends - Since the introduction of the "Six M&A Guidelines," over 1,000 M&A transactions have been disclosed by SSE-listed companies, with significant asset restructurings increasing by 138% year-on-year [2]. - M&A is viewed as a crucial mechanism for optimizing resource allocation and enhancing the quality and investment value of listed companies, presenting new investment opportunities for international investors [2]. Group 3: Investment Opportunities - The acceleration of China's investment in future industries such as artificial intelligence and biotechnology is creating a "DeepSeek" moment for technology upgrades driven by M&A, making A-share technology companies a prime opportunity for international investors [2]. - Traditional industry companies are leveraging M&A to accelerate transformation and reshape valuation logic, offering international investors opportunities to capitalize on undervalued assets and potential value re-evaluation [2][3]. - Leading A-share companies are pursuing strategic M&A to achieve industry chain integration and global expansion, providing long-term stable returns through enhanced core competitiveness [3].