Greater China M&A By the Numbers: Q2 2025

In YTD 2025, Greater China had a total of 705 M&A deals worth US$75bn.

The total volume showed an overall 0.3% growth from YTD 2024. Similarly, the aggregate transaction value in YTD 2025 showed an increase of 29.7% from YTD 2024 which was largely contributed by domestic & inbound deals with an increase of 66.5% in value.

In YTD 2025, the two strongest sectors within the domestic & inbound realm were utilities and communication services, displaying massive growths at 3928.3% and 1963.9%, respectively. For the outbound realm, the strongest were utilities and healthcare at 728.9% and 165%, respectively.