BEIJING, March 19 (Xinhua) --- Chinese listed company initiated overall 6,283 new mergers and acquisitions (M&As) deals in 2018, down 6.7 percent year on year, with total M&A value exceeding 1.8 trillion yuan, an increase of 2.7 percent from a year earlier, according to a data briefing based on Baishaquan (China) M&A Index.
Meanwhile, 3,033 M&A cases were concluded last year, projecting a decline of 15.8 percent year on year, with transaction approaching 1.2 trillion yuan, up 6.1 percent year on year.
In terms of industrial distribution, commercial service industry is the most favorable choice by the capital in the M&A market, followed by the wholesale industry, capital market services, technology promotion and application services, software and information technology services.
The Beijing-Tianjin-Hebei, Yangtze River Delta, Guangdong, Hong Kong and Macao regions are among the most active M&A regions in China.
(Edited by Yang Yifan, yangyifan@Xinhua.org)