Liu Linlin, head of the M&A business at CITIC Securities: A-share market mergers are active, with a focus on equipment manufacturing, TMT, energy and chemical sectors.

Under the guidance of the Financial Office of the Shanxi Provincial Committee, the Capital Market Service Entity Economy Strategy Conference, organized by CITIC Securities and CITIC Bank, will be held in Taiyuan, Shanxi. Liu Linlin, Executive General Manager of the Investment Banking and Merger and Acquisition Business Line of CITIC Securities, stated in his speech that mergers and acquisitions are an important tool for market value management, with the core focus on "creating expectations, achieving expectations" to promote the release of enterprise value. Since the introduction of the "Six Regulations on Mergers and Acquisitions" in 2024, regulatory authorities have encouraged innovation and industry synergy, relaxed restrictions on the acquisition of non-profitable assets, increased valuation tolerance, supported private equity and foreign participation, and increased M&A activity in the A-share market, with a focus on industries such as equipment manufacturing, TMT, and energy and chemicals.