China M&A to have record year

China M&A activity up 168% in the first half and predicted to hit $70 billion for the full year.

Chinese M&A is going to have a record year, according to PricewaterhouseCoopers. The firms says the aggregate value of announced M&A in China and Hong Kong hit $26 billion in the first half - an increase of 168% over the same period last year - and predicts that full year issuance will be $70 billion.

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