In the first half of this year, a total of 422 mergers and acquisitions deals were completed in China, down 21.3 percent year-on-year, according to Zero2IPO Research Center. Among them, 366 deals disclosed prices, hitting $28.65 billion, down by 22.03 percent from the same period of the previous year.

Outbound M&As numbered 60 in the first half at a total price of $19.42 billion, up by 23.8 percent.