Greater China M&A By the Numbers: Q2 2024

In YTD 2024, Greater China had a total of 226 M&A deals worth US$12.5bn. Marred by the real estate crisis causing weak business confidence and investment plans, both the domestic & inbound and the outbound volumes showed a decline from the same YTD period in 2023 – by 104 and 17 deals, respectively.
In terms of aggregate transaction value, YTD 2024 similarly saw an overall significant decrease of 57.4% from YTD 2023. Domestic and inbound decreased by 40.9%, while outbound substantially dropped by 86.4%.

In YTD 2024, excluding the other/uncategorized sector, only two within the domestic & inbound realm displayed growth: information technology at 48.2% and healthcare at 28.3%. As for the outbound realm, three showed growth: healthcare at a massive 2735.1%, followed by information technology at 133.7% and consumer discretionary at 91.5%.