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(From Business Daily Update)
Author:
Headline: China to witness more vibrant M&As in stock market
The mergers and acquisitions (M&As) in China's stock market are quite different from those in foreign countries, which are mainly arranged to improve the competitiveness of companies.
Most M&A of listed companies in China aim to raise more money by buying the shells of listed companies or just creating some good news to push the share price higher.