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Sci-tech M&A activities in Yangtze River Delta surge, Xinhua-Shangpu M&A Index report


BEIJING, Dec. 14 (Xinhua) -- Activity of mergers and acquisitions (M&A) of target assets in sci-tech driven businesses on China's capital market went up in 2019, with the Yangtze River Delta seen a favored land for investors, according to the Xinhua-Shangpu M&A Index report released in Shanghai on Sunday.

The index, gauging the activity and features of M&A deals of related markets, is comprised of indices of two categories, namely the Xinhua - Shangpu China Securities Market M&A Index and Xinhua - Shangpu China Capital Market M&A Index.

Under the Xinhua-Shangpu M&A Index (2019), the sci-tech financial M&A index is included as a special section focusing on M&A of target assets of sci-tech driven businesses on the country's capital market.

Photo: Cover pages of the Xinhua-Shangpu M&A Index report and the Xinhua-Shangpu sci-tech financial M&A index report.

According to the report, sci-tech M&A transactions turned more active in 2019, with the sci-tech financial M&A deal number index up to 4352.37 points and the sci-tech financial M&A size index up drastically to 10449.37 points in the fourth quarter of 2019.

By regions, east China reported better sci-tech M&A situations than other parts of China, with the west China-located sci-tech M&A transactions rebounding notably thanks to timely and effective policy supports.

In Shanghai, the center of the Yangtze River Delta, sci-tech M&A deals totaled 92 cases in 2019, with their overall value up from 3.566 billion yuan to 12.584 billion yuan in the year.

Benefitted from upsized supports to high-tech industries and regional economic transformation, the activity of M&A transactions in the Yangtze River Delta ballooned. As the report told, the vibrant M&A activities in the delta is attributable to its actively-propelled integrated development and cross-region cooperation, especially when the delta boasts sound geological advantages, high-level urbanization, convenient transportation and pleasant logistics.

The Xinhua-Shangpu M&A Index, which has been released for five years by 2020, is jointly researched and compiled by China Economic Information Service, Shanghai Financial Association, Shanghai United Assets and Equity Exchange, East China Normal University and the Shanghai sci-tech financial industry cluster. (Edited by Duan Jing with Xinhua Silk Road, duanjing@xinhua.org)