Top mergers and acquisitions in China in January 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 January 2026, 3 of them with a disclosed value, worth $2bn in total. The largest was S.F. Holding Co., Ltd.'s $1.1bn deal for J&T Global Express (10% stake), ahead of JD Logistics, Inc. and Deppon Logistics Co., Ltd (minority stake) at $540m.
Top mergers and acquisitions in China in January 2026
- 115 JanS.F. Holding Co., Ltd. → J&T Global Express (10% stake)SF Holding and J&T agree HK$8.3bn cross-shareholdingTransport / Express deliveryCompleted$1.1bn
- 213 JanJD Logistics, Inc. → Deppon Logistics Co., Ltd (minority stake)JD Logistics takes Deppon private in RMB3.8bn buyout of minoritiesTransport / Freight and logisticsCompleted$540m
- 319 JanChina Tourism Group Duty Free Corporation → DFS Greater China retail businessCTG Duty Free buys DFS's Hong Kong and Macau businessConsumer / Travel retailCompleted$395m