UBS Group AG: China's M&A transaction volume could reach USD 325 billion in 2024, expected to grow by 15% next year

On December 3rd, Lu Suicheng, co-head of UBS's Asia-Pacific M&A department, stated at a UBS media briefing that from the beginning of 2024 to date, China has completed approximately $297 billion in M&A transactions, a year-on-year decrease of about 10%. UBS expects that the M&A transaction volume in China will reach approximately $325 billion in 2024, a year-on-year decline of about 15%, which will be the lowest level in 10 years. Lu Suicheng noted that the current environment of gradually declining interest rates is favorable for private equity fund activities, thus private equity funds are expected to participate more in Hong Kong stock privatization transactions. The M&A transaction volume in China is expected to "bottom out and rebound" in 2025, achieving approximately 15% growth