Greater China M&A By the Numbers: Q2 2024

In YTD 2024, Greater China had a total of 585 M&A deals worth US$75.5bn.​ The continued decline in the total volumes from the same YTD period in 2023 is reflective of the ongoing real estate crisis, as well as the rising local government debts and weak private-sector consumer spending.​

In terms of aggregate transaction value, YTD 2024 showed an overall decline of 14.8% from YTD 2023. Domestic & inbound decreased by 13.7%, while outbound dropped by 20.9%.​ In YTD 2024, excluding the other/uncategorized sector, three within the domestic & inbound realm displayed growth: financials at 420.6%, healthcare at 84.2%, and consumer staples at 24.7%. For the outbound realm, more sectors showed growth with energy leading a massive 13414524.9% jump, followed by information technology at 1504.6%, utilities at 748.8%, industrials at 237.3%, and consumer staples at 71.2%.