跨境并购市场持续回暖 2025年总规模同比翻倍

Core Insights - The recent issuance of the "Guangdong Province Financial Support for Enterprises to Carry Out Industrial Chain Integration and Mergers Action Plan" indicates a favorable policy environment for cross-border mergers and acquisitions (M&A) in China [1] - The cross-border M&A market is experiencing a resurgence, characterized by more rational target selection, flexible acquisition models, and diverse target regions [1] - From October 2024 to the present, Chinese companies have disclosed 182 outbound M&A events totaling 177.25 billion yuan, with 142 events in 2025 alone, reflecting a year-on-year doubling in scale [1] Policy Developments - The new policy encourages the establishment of cross-border integration and merger funds in collaboration with Hong Kong and Macau capital [1] - Local governments in Shenzhen, Shanghai, and other regions have also released favorable policies to support cross-border M&A activities [1] Market Trends - The current trend in the cross-border M&A market shows a shift towards more rational decision-making in target selection and an increase in the flexibility of acquisition strategies [1] - The diversity in target regions for M&A activities is also on the rise, indicating a broader scope for investment opportunities [1] Financial Statistics - The total disclosed amount for outbound M&A events from October 2024 to now is 177.25 billion yuan, with a significant portion occurring in 2025 [1] - The number of disclosed M&A events in 2025 has reached 142, with a total scale of 156.85 billion yuan, marking a year-on-year increase of 100% [1]