Top mergers and acquisitions in China in February 2026
Every verified merger and acquisition involving China in this period, ranked by disclosed value. Updated every morning.
We tracked 3 deals involving China in February 2026, 3 of them with a disclosed value, worth $2bn in total. The largest was Guangdong HEC Technology Holding (Dongyangguang)'s $1.2bn deal for Chindata (China business, via Dongshu No.1), ahead of Meituan and Dingdong (China business) at $717m.
Top mergers and acquisitions in China in February 2026
- 124 FebGuangdong HEC Technology Holding (Dongyangguang) → Chindata (China business, via Dongshu No.1)Dongyangguang moves to take full control of Chindata in CNY8bn share dealTechnology / Data centresIn review$1.2bn
- 25 FebMeituan → Dingdong (China business)Meituan agrees US$717m deal for Dingdong's China grocery businessConsumer / Online groceryIn review$717m
- 39 FebUTG Brands Management Group → Playboy China joint venture (50%)Playboy sells half of China business to UTG in US$122m dealConsumer / Brand licensingAgreed$122m