Stories

Capital Flow

Shows how policy, balance sheets, market structure, and investor expectations transmit change across industries.

TSO / High confidence

M&A Deals Strong: Global M&A activity reaches a five-year high in 2026, capital investment becomes the main driving force

This report, based on LSEG data, indicates that global M&A transaction volume reached a five-year high in the first quarter of 2026, a year-on-year increase of 27%. Although US deals remain the main driver, European deals have rebounded strongly, while the Asia-Pacific region has seen a decline. Market trends show that capital investment (such as private equity and venture capital) is driving transactions, rather than traditional strategic M&A.

Read analysis
TSO / High confidence

TITLE: Deloitte M&A Trend Pulse Survey: Corporate and Private Equity Leaders Remain Cautiously Optimistic About 2026 Transaction Activity

The summary of Deloitte's latest M&A trend pulse survey shows that leaders in the corporate and private equity sectors are cautiously optimistic about M&A activity in 2026. The report emphasizes that cross-border acquisitions will be an important growth path for companies to achieve growth.

Read analysis
TSO / High confidence

EY Releases 2024 Global IPO Trends Report: Strong Market Recovery Expected to Continue in 2025

EY《Global IPO Trends 2024》shows that the global IPO market rebounded significantly in 2024, with the Americas and EMEIA performing strongly, and India leading globally in IPO volume. Private equity and venture capital-backed IPOs accounted for 46% of proceeds. Looking ahead to 2025, despite policy and geopolitical uncertainties, well-prepared companies can still seize the listing window.

Read analysis
TSO / High confidence

EY Global IPO Trends 2024: Market Recovery and 2025 Outlook

In 2024, the global IPO market saw a strong recovery driven by shifts in interest rate policy and AI technology. India ranked first globally in the number of IPOs for the first time, while the United States regained the top spot in fundraising. The report looks ahead to 2025, noting that companies must address challenges such as geopolitics, AI, and ESG, while leveraging IPOs to drive growth.

Read analysis