China's outbound M&As year to date surpass 2015 record

Hong Kong

IN less than six months of 2016, China's appetite for overseas acquisitions has already outgrown last year's record, as deal-hungry mainland buyers chase global assets such as real estate, chemicals and high-end technology.

China National Chemical Corp's US$43 billion bid for Swiss agrichemicals maker Syngenta makes up almost 40 per cent of this year's US$111.6 billion total, but even without that deal the pace has quickened.