朱寒松:需求升级推动海外并购

• 作 者: 朱寒松
• 机 构: 高盛高华证券有限责任公司,
• 出 处: 中国企业家
• 发表日期: 2004年期
• 关键词: 海外并购 活跃度 因间 中国企业 价格波动性 企业发展阶段 劳动力成本 目标市场 持续性 劳动力市场

CE:今年上半年,从中国公司海外并购的数据看,收购的金额下降了,但是活跃度还在平稳上升,这种判断是否成立?朱寒松:(你所描述的情况)应该差不多。但是跨国并购看这么短时间的数据很难看出趋势来。举个例子,中海油收购尼克森这个项目你算在哪个因间,你不能说因为有这个项目,那年就是并购的高峰年,之后并购量就下降了,那个项目是很多年的跟踪谈判出来的。可以看数据,但不要太拘泥于数据。

CE: In the first half of this year, judging from the data of overseas mergers and acquisitions by Chinese companies, the amount of the acquisition decreased, but the activity is still rising steadily. Does this judgment hold? Zhu Hansong: (what you describe) should be similar. However, cross-border mergers and acquisitions to see such a short period of data is difficult to see the trend. For example, CNOOC acquired Nixon this project which you calculate, you can not say because of this project, that year is the peak year of mergers and acquisitions, and then the amount of mergers and acquisitions has dropped, that project is tracked for many years come out . You can look at the data, but do not stick to the data too much.