China's outbound investments increase 40% in H1 2011
Outbound Chinese M&A activity rose 40% in H1 2011 from the same period in 2010, Robert W. Baird & Co. announced in its China M&A Market report, translating to a 50% rise in the collective deals’ value.
According to the bi-annual report, there were 164 outbound deals completed in China in H1 2011, up from 116 in 2010. The value of these outbound deals doubled to $12 billion in the same period.
Domestic M&A transactions also rose in the first half of 2011, to $52 billion from $41 billion in 2010.
The report's findings contrast the 5.5% drop in inbound M&A deals from 2010 - which was a record year for inbound China investment - attributed to the global economy's volatility. The value of these deals dropped by one-third.
Chinese firms have sought to ramp up their investment scope to outside markets to broaden their distribution and customer channels as well as their market share. Among the most recent success stories this summer has Chinese Transportation conglomerate HNA Group's back-to-back investments in leading global container leasing business GE SeaCo and Turkish air cargo operator ACT Airline.
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