China DealBook
A Newsletter on Deal Making in China

By: ChinaDesk | February 11, 2017

A Newsletter on Deal Making in China

china_ODI_investment_dealbook_newsletter

Deal News


China's outbound investment to slow in 2017: Ministry
China's outbound direct investment (ODI) will steadily slow, but be of better quality in 2017, the Ministry of Commerce (MOC) said Thursday.

Despite rapid ODI growth in 2016, Chinese companies face increased risks in investing overseas due to fluctuations on international financial markets, uncertainties in other country's economic policy and restrictions by some developed countries on investment from China, particularly from Chinese state firms. China's non-financial ODI soared 44.1 percent to $170 billion in 2016.


IPOs set to double to $44 billion
The amount of China's initial public offerings is expected to total 300 billion yuan (...

By: ChinaDesk | November 23, 2016

A Newsletter on deal Making in China

china_soe_reforms_sasac
Source: Xinhua

Deal News

 

China may name first SOEs to be restructured by year-end: paper
China may name the first of its state-owned enterprises (SOE) to be restructured under a mixed-ownership system by the year-end, the business paper China Securities Journal reported on Tuesday, citing unnamed sources.

 

Beijing has made reform of its huge, uncompetitive SOEs a priority as weak global demand weighs on economic growth and excess capacity and idle workers bleed what precious resources companies have at their disposal. The paper said that the State-owned Assets Supervision and Administration Commission (SASAC) plans to hold a meeting with SOEs to advise on restructuring plans and the next steps.

 

Showdown Looms as U...

By: ChinaDesk | November 11, 2016

A Newsletter on Deal making in china

China_Cross_Border_M&A_US_CFIUS_DealBook_Newsletter
Source: Bloomberg

Deal News

 

 

Trump Victory Puts Nail in Coffin of China M&A Ambitions
There are two things that M&A bankers hate: protectionism and uncertainty. Donald Trump's unprecedented election win delivered both, and has the potential to slash the number of Chinese companies snapping up American assets.

 

Trump's protectionist rhetoric is no secret, so it stands to reason that U.S. rejections of Chinese transactions will probably increase. That openly hostile view isn't good news for deals that come under review by competition watchdog CFIUS, although HNA Group Co.'s $6 billion offer for computer hardware distributor Ingram Micro Inc. did win approval recently. U.S. lawmakers are also railing against a Ch...