Chinese firms capture 47.4% of of Asia Pacific-target M&A activity in first half of 2014

China is still the favorite.

In a manifestation that they are still the favorite, Chinese companies captured 47.4 percent of Asia Pacific-target M&A activity in the first half of 2014.

According to the Asia Pacific M&A Preliminary Review for First Half of 2014 by Thomson Reuters, they also remain the preferred target by domestic and foreign acquirors with US$156.2 billion.

The report noted that this amount marks a 78.6 percent increase compared to the first half of 2013.

Here's more from Thomson Reuters:

M&A transactions targeting Asia Pacific grew 77.8% in deal value to US$329.2 billion compared to the first half of 2013 (US$185.2 billion).

United States is currently the most active non-Asian acquiror of Asian companies in terms of deal value with US$14.1 billion worth of transactions from 182 deals.