日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

Chinese companies will continue to look for UK investments

By Cecily Liu in London | China Daily | Updated: 2017-06-30 07:57
Share
Share - WeChat

Joggers and pedestrians cross Westminster Bridge beside the Houses of Parliament and the Big Ben clock tower in London, UK, July 20, 2016. [Photo/VCG]

Brexit decision to leave EU last year is unlikely to dampen M&A opportunities

Chinese companies will still be tempted by investment opportunities in the United Kingdom, despite the uncertainty of Brexit, experts said.

The UK voted last year to leave the European Union after more than 40 years. Talks have already started about the pending "divorce" from the EU, which will take up to two years.

But even though the business landscape could change significantly, companies in China should still be looking for acquisitions there.

Gerard Lyons, a senior adviser for mergers and acquisitions advisory firm DealGlobe, pointed out that the British government was positive about Chinese investment.

"Brexit uncertainties make the UK keen to attract more Chinese acquisitions, particularly in sectors including technology innovation and infrastructure," said Lyons, who was the chief economic advisor to Boris Johnson when he was mayor of London before he became foreign secretary.

"They are also sectors that China is keen to invest in abroad," he added.

Lyons, who is also a director for Bank of China in London, was speaking at the launch of a Chinese investment report released by DealGlobe, which is based in Shanghai, and Hurun, known for publishing an annual rich list.

It showed there were 438 Chinese outbound merger and acquisition, or M&A, deals globally last year, an increase of 20 percent in 2015.

The overall value of those deals was $216 billion, a massive jump from the 2015 figure of $87 billion, with the UK ranked fourth in the M&A list, equal with Australia, on 25 deals.

Still, the number one spot went to the United States with 84 Chinese M&A transactions.

"Factors leading to the increase in M&A activity include the search of Chinese companies for overseas growth and intellectual property rights," said Feng Lin, founder and chief executive officer of DealGlobe. "And their easy access to financing."

Feng confirmed that one key development was the increased activity from small and medium-sized companies.

Last year, only 13 percent of the total number of M&A deals were made by State-owned enterprises. The remainder were put together by private companies and financial investors such as equity funds.

Already this trend has become clearer in the first quarter of this year with private companies being involved in 83 percent of outbound transactions.

In 2016, major global M&A deals included China National Chemical Corporation's, or ChemChina, $43 billion purchase of Switzerland's Syngenta AG.

There was also State Grid Corporation of China's $12.4 billion purchase of Brazil's CPFL Energia SA and Bohai Financial Investment Holding's takeover of CIT Group's aircraft leasing assets for $10 billion.

Since then, Chinese outbound M&A deals have slowed in the first quarter of this year. Up to 89 deals were announced with a value of $26 billion, a drop from the $39 billion during the same period in 2016.

But analysts are still optimistic about the long-term future.

"The temporary drop in the first quarter may be a reflection of market participants becoming more rational," said Michelle Wang, director of marketing at DealGlobe.

"This means they will be keen to invest in post-merger integration more efficiently," he added.

But, Chinese companies face challenges as they expand globally, according to Gary Miller, a partner at the law firm Mishcon de Reya LLP in London.

"Steps, such as taking the time to get to know target companies, ensuring that the right contracts are in place and the right reporting procedures are present, will all contribute toward helping Chinese buyers realize value for their acquisitions," he said.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 九九热在线免费观看 | 高清毛片免费看 | 国产91在线免费 | 精品一区二区久久久久久久网站 | 一区二区免费播放 | 喷水网站 | 久久久久草 | 久久久久亚洲精品中文字幕 | 99热这里有免费国产精品 | 亚洲区激情区图片小说区 | 午夜精品久久久久久 | 二区三区在线 | 在线精品亚洲欧美日韩国产 | 日韩有码在线观看 | 青青草原亚洲 | 成人爽A毛片免费啪啪 | 一级片在线观看 | 久草在线免费福利视频 | 日韩在线高清 | 色老头永久免费视频 | 国产亚洲一区在线 | 草草影院w37| 亚洲w码 | 日韩av第一页 | 亚洲精品久久久久综合中文字幕 | 国产午夜免费一区二区三区 | 精品一区二区久久久久久久网站 | 美乃雀中文字幕在线一区 | av在线色| 免费一级做a爰片性视频 | 日本呦呦 | 国产欧美综合精品一区二区 | av国产精品 | wankzhd| 国产婷婷 | jizz性欧美2 日本不卡在线 | 日韩欧美国产精品第一页不卡 | 欧美8一10sex性hd | 九九热视频这里只有精品 | 多男操一女视频 | 国产一区二区三区国产精品 |