China Transactions Insights – Fall 2021 M&A Advisory

or to bookmark this page

Click here to bookmark this page

Click here to remove bookmark

China Transactions Insights – Fall 2021

China Transactions Insights - Spring 2020

China has stepped into the second stage of recovery from the COVID-19 pandemic as businesses and people returned to work, demonstrated by a 12.7% increase in GDP for H1 2021. The economy also recorded increases in industrial output (15.9%), retail sales (23.0%), foreign trade (27.1%) and property investment (15.0%) in H1 2021.1

New policies and regulatory actions increasing scrutiny on offshore-listed Chinese companies have created uncertainty and weighed on the stock prices of many Chinese firms traded on U.S. exchanges.

Capital markets activity for Chinese companies has picked up since mid-2020 as markets rebounded from the initial impact of the pandemic. While IPO activity for Chinese companies in the U.S. and Hong Kong has been strong through August, uncertainty remains due to the potential for stricter policies and regulations for offshore listings.2

Going-private transaction deal value for U.S.-listed companies based in China could see an uptick in the months ahead, as companies with pending going-private proposals represented over USD 12 billion in total market capitalization as of August 31, 2021.2


Sources:
1 China National Bureau of Statistics and China Ministry of Commerce
2 SEC filings, company press releases and S&P Global Market Intelligence as of August 31, 2021

China Transactions Insights – Fall 2021 2021-09-17T00:00:00.0000000 /insights/publications/m-and-a/china-transactions-insights-fall-2021 /-/media/assets/images/publications/featured-images/2020/china-transactions-insights-spring-2020-300-200.jpg publication {4DACD310-421A-42AC-BEF4-8AA7E70484CD} {C91DEFE0-8446-4573-8D7B-6D30B0BA9D81} {D3AE3EC6-3254-4441-B111-1AF8D558906C} {5CE144D0-ADDC-43A3-95E4-3428CA819BF8} {13E28841-C245-441D-8C3B-49E72DA5381C} {A7EB9162-FD06-4A2C-9E52-7BE04F16488F}

Other Areas We Can Help

Corporate Finance

M&A Advisory

Middle-market M&A advisory differentiated by industry expertise and superior deal execution.

M&A Advisory
Fairness and Solvency Opinions

Fairness Opinions

#1 ranked provider of fairness opinions for boards of directors and special committees.

Fairness Opinions
Transaction Advisory Services

Transaction Advisory Services

Seamless analytical advisory through the deal continuum, from transaction origination to closing.

Transaction Advisory Services
Purchase Price Allocation (PPA)

Financial Sponsors Group

Dedicated coverage and access to M&A deal-flow for financial sponsors.

Financial Sponsors Group

Insights

Valuation

Industry Multiples in China Report 2021 – Fourth Edition

Valuation
M&A Advisory

Staffing Industry M&A Landscape – Fall 2021

M&A Advisory
LIBOR Update

Duff & Phelps LIBOR Transition Advisory Newsletter – October 2021

LIBOR Update
Valuation

Emerging Uncertainties by Professor Andrea Boltho

Valuation