M&A

Chinese SOEs look abroad for acquisition targets

Zijin Mining's $1 billion acquisition of Canada's Continental Gold may be the beginning of a new acquisition wave for Chinese SOEs.

Chinese state-owned enterprises (SOEs) are gearing up for more outbound M&As next year after suffering an 18% year-on-year drop in the value of acquisition deals in the first half of this year.

¬ Haymarket Media Limited. All rights reserved.

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