china-deal-tracker

china-deal-tracker

Purpose

Track A-share investment banking transactions/M&A progress with structured milestone tracking, deadline management, and action item follow-up.

Data Sources

Tier 0 — Wind (most comprehensive paid data)

Coverage: A-shares/Hong Kong and US stocks/funds/indices/bonds/macro/research reports/analysis (44 tools)
MCP service:wind-mcp(requires WIND_API_KEY key, starting with ak_ )
Advantages: broadest full-market coverage, most comprehensive data, includes research reports and quantitative analysis
Key application:https://aifinmarket.wind.com.cn/#/home

Tier 1 — Tonghuashun iFind (paid precise data) / AkShare MCP (Tier-2 free alternative)

Workflow

Step 1: Set Up Deal Record

Deal setup template:

{
  "deal_name": "[Target] 股权转让",
  "deal_type": "股权收购 / 资产收购 / 吸收合并 / 借壳",
  "target": "[Company name] ([Ticker])",
  "industry": "[Industry]",
  "mandate_date": "[Date]",
  "expected_close": "[Date]",
  "deal_size": "XX亿",
  "status": "Active / On hold / Completed / Terminated"
}

Step 2: Define Milestones

Standard A-share M&A milestones:

#	Milestone	Typical Duration	Dependencies
1	Mandate signing	Day 0	Client agreement
2	Teaser preparation	3-5 days	Information gathering
3	Buyer screening	1-2 weeks	IOI responses
4	NDA signing	1-3 days	Buyer identification
5	Management meeting	Week 3-4	Buyer shortlist
6	Due diligence	2-4 weeks	Data room access
7	Bid submission	Week 6-8	DD complete
8	Negotiation	2-4 weeks	Best bid selection
9	Exclusivity	2-4 weeks	Term sheet signed
10	SPA signing	4-8 weeks	Approvals obtained
11	Regulatory approval	1-6 months	Filing complete
12	Closing	Day 0 of closing	All CPs satisfied

Step 3: Track Action Items

Action item format:

#	Action	Owner	Deadline	Status	Notes
1	Prepare Teaser	[Name]	[Date]	In progress
2	Buyer contact	[Name]	[Date]	Not started	3 target buyers
3	Management meeting scheduling	[Name]	[Date]	Pending	Date to be confirmed

Step 4: Weekly Status Update

Standard status format:

【[Deal Name]】周报 [YYYY-MM-DD]

一、本周进展
   - [Milestone 1]: [Status update]
   - [Milestone 2]: [Status update]

二、下周计划
   - [Action 1]
   - [Action 2]

三、风险与问题
   - [Issue 1]: [Mitigation]
   - [Issue 2]: [Escalation needed?]

四、时间表更新
   [Updated timeline if changed]

Step 5: Deadlines & Alerts

Critical deadlines to track:

Deadline	Alert Level	Action Required
IOI submission	High	Confirm receipt
FBO submission	High	Final review
Management meeting	High	Preparation, logistics
Regulatory filing	Critical	Prepare documents
SPA signing	Critical	Final terms
Closing	Critical	Coordination

Step 6: Pipeline Overview

Deal pipeline summary:

Deal	Stage	Size	Expected Close	Probability	Next Action

China-Specific Considerations

Regulatory Timeline Variations

Factor	Impact
Antitrust review	Can add 60-180 days
Transfer of state-owned equity	Requires 评估 and 产权交易所
Foreign investment security review	30-60 days if foreign buyer
Industry access	Sector-specific approvals

Common Delays

Issue	Typical Impact	Mitigation
Regulatory approval delay	+30-90 days	Early filing, engage regulators
Management disagreement	+2-4 weeks	Alignment meetings
Buyer due diligence issues	+1-2 weeks	Data room preparation
Valuation gap	+2-4 weeks	Advisor mediation
Approval authority feedback	Variable	Proactive engagement

A-share Specific Items

Trading suspension (Trading halt): Target company stock halt during process
Information disclosure (Disclosure): Public announcements required at key stages
Inside information management (Insider trading): Strict MI management required
Confidentiality period (Confidentiality period): Typically 6-12 months

Quality Checks

Before updating:

All milestones defined
Owners assigned
Deadlines realistic
Status accurate
Risks flagged
Next actions clear
Pipeline summary current