并购成为资本市场“热词” 各方共话高质量发展新机遇

Group 1 - The core viewpoint of the articles highlights the increasing activity in the A-share merger and acquisition (M&A) market, driven by the "Six Merger Guidelines" and the focus on new industries and technology [2][3][4] - Since the release of the "Six Merger Guidelines," over 1,000 M&A transactions have been disclosed in the Shanghai Stock Exchange, with significant asset restructurings increasing by 138% year-on-year [2][3] - The M&A market is characterized by a dual prosperity of control market and asset restructuring, with a notable increase in technology-related acquisitions, which account for half of the major asset restructurings [2][3] Group 2 - The current M&A landscape shows a shift towards industry-focused mergers, with a significant rise in market-driven transactions and a decrease in large shareholder injections [3][4] - There is a unique "dual-driven" phenomenon in China's investment and M&A market, where mature companies are consolidating industry power while new leading enterprises are emerging, providing growth investment opportunities [3][4][5] - The M&A activities are seen as a bridge connecting domestic and international markets, with Chinese companies actively pursuing overseas acquisitions for advanced technologies and new market opportunities [4][5] Group 3 - The Shanghai Stock Exchange is committed to creating a more adaptable M&A regulatory environment, enhancing services for international investors, and promoting high-quality M&A practices [6][7] - Recommendations for improving cross-border M&A capabilities include building professional talent teams, selecting specialized intermediaries, and strengthening post-merger integration capabilities [6] - The Shanghai Stock Exchange has launched initiatives such as M&A courses and case compilations to enhance practical skills in the M&A process [7]