M&A transactions soar 160.6% YoY in Q1 2025

Industrials accounted for 52.4% of the market share.

Hong Kong’s merger and acquisitions transactions totalled $286b (US$36.8b) during the first quarter of 2025, marking a 160.6% year-on-year increase.

It is also the highest start to a year since 2016, bolstered by the pending CK Hutchison’s $147.8b (US$19b) Panama ports sale to an investor consortium.

Industrials accounted for 52.4% of the market share, which totalled $150b (US$19.3b), a significant increase compared to $2b (US$257.6m) worth of deals last year.

Energy and Power followed with 26.3% market share worth $75b (US$9.7b). Healthcare rounded out the top three, accounting for 5.9% market share, down 33.8% YoY.

($1=US$0.12)