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      "text": "The data presented is based on information compiled by Refinitiv Eikon (formerly named “ThomsonReuters”), CV Source, AVCJ, public news and PwC analysis unless stated otherwise\nRefinitiv Eikon and CV Source record announced deals. Some announced deals will not go on to complete\nThe deal volume figures presented in this report refer to the number of deals announced, whether or not a value is disclosed for the deal\nThe deal value figures presented in this report refer only to those deals where a value has been disclosed (referred to in this presentation as “disclosed value”)\n“Domestic” means China including Hong Kong, Macau and Taiwan\n“Outbound” relates to Chinese Mainland company acquisitions abroad\n“Inbound” relates to overseas company acquisitions of domestic companies\n“Private Equity deals” or “PE deals” refer to financial buyer deals with deal value over US$10mn and invested mainly by private equity GPs but also including direct investments by financial institutions and conglomerates which are of the nature of private equity type investment",
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