久久亚洲国产成人影院-久久亚洲国产的中文-久久亚洲国产高清-久久亚洲国产精品-亚洲图片偷拍自拍-亚洲图色视频

Global EditionASIA 中文雙語(yǔ)Fran?ais
Business
Home / Business / Policies

Outbound investment deals by Chinese firms slowing

By Shi Jing in Shanghai | China Daily | Updated: 2018-03-23 13:25
Share
Share - WeChat

Tech giants Tencent Holdings Ltd and Alibaba Group Holding Ltd were the most active Chinese companies in terms of overseas investment last year, according to a survey jointly released by the Hurun Report and Shanghai-based merger and acquisition advisory firm DealGlobe on Thursday.

Tencent and Alibaba made seven overseas investments in 2017, according to the 2018 China Enterprise Cross-border M&A Special Report. The transaction volume of Tencent's seven investments reached 38 billion yuan ($6 billion), with the largest used to acquire a minority stake in India's biggest e-commerce firm Flipkart.

Rupert Hoogewerf, founder and chief researcher at the Hurun Report, said Tencent and Alibaba's ambitious outbound investment reflected the entire process of learning, replicating, growth and innovation of Chinese privately-owned enterprises.

The transaction volume of Alibaba's overseas investments last year totaled 23 billion yuan. The largest was the 7.2 billion yuan investment in the Indonesian e-commerce platform PT Tokopedia, according to the report.

All of Alibaba's overseas investments focused on the technology, media and telecom industry (TMT). Tencent invested 5.85 billion yuan in US cancer detection startup Grail.

Of the top 100 overseas M&As by transaction value made by Chinese companies last year, 25 were in the TMT industry, nearly twice the number in 2016. However, out of the total last year, the TMT industry accounted for 83, second to the manufacturing industry with 114.

The transaction volume of Chinese companies' overseas investment in the TMT sector also contracted by 30 percent last year. The wait-and-see attitude of these companies could be due to the rapid development of the domestic blockchain market, Hoogewerf said.

In general, Chinese companies' overseas investment activity cooled in 2017 with a total of 400 overseas M&As last year, down 1.7 percent from 2016. Among these investments, 312 disclosed their transaction volume, which has declined 28 percent year-on-year to 960 billion yuan.

The transaction volume of the top 100 M&As has dropped by 37 percent year-on-year to reach 880 billion yuan.

"In 2018, Chinese firms' overseas investments will become more rational," said Feng Lin, founder and chief executive officer of Deal-Globe. "The Belt and Road Initiative will bring new opportunities, especially in the infrastructure, energy, mining and agriculture sectors."

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 国产成人a大片大片在线播放 | 欧美一级片手机在线观看 | 欧美一二区视频 | 精品久久久久久国产免费了 | 亚洲福利视频一区二区三区 | 日本免费一区二区三区视频 | 国产一级在线观看视频 | 成人小视频在线观看免费 | 91精品国产91久久久久 | 性欧美在线 | 秘书高跟黑色丝袜国产91在线 | 国产精品久久国产精品99 | 精品三级网站 | 91青草久久久久久清纯 | 中文字幕精品一区二区绿巨人 | 日本www在线视频 | 性日韩精品| 国产一区二区福利久久 | 精品一区二区视频 | 国产com | 99在线观看精品免费99 | 亚洲美女综合 | 天天爽夜夜操 | 久久怡红院国产精品 | 久久99在线| 97公开免费视频 | 成人在线观看不卡 | 特级淫片国产免费高清视频 | 国产成人午夜片在线观看 | 欧美一级欧美三级 | 国产一区视频在线 | 久草在线免费新视频 | 美女被男人桶到嗷嗷叫爽网站 | 久久久综合视频 | 欧美特黄aaaaaa | 欧美色成人tv在线播放 | 国产精品欧美亚洲日本综合 | 亚洲成人天堂 | 欧美一级视频免费 | 亚洲欧美视屏 | 夜色邦合成福利网站 |