Outbound M&A bounces back in Q2

BEIJING - China's outbound mergers and acquisitions rebounded in the second quarter of this year with deal value increasing 148 percent quarter on quarter, according to an industrial report. Chinese investors returned to the deal table in the April-June period after a lukewarm first quarter and were the second most acquisitive cross-border nation by value with 94 deals totaling at $35.9 billion, according to international law firm Baker McKenzie's Cross-Border M&A Index.

The industrial sector continues to outrank other sectors in terms of China outbound M&A deal volume while the consumer and technology sectors also saw significant amounts of outbound investment from China, the report showed.

China's inbound M&A activities continued its upward trajectory, seeing a 29-percent rise in volume to 62 deals and a 69-percent rise in value to $13.2 billion from Q1 of 2017.