March 7 – Bank of Beijing Co (SHA: 601169) said it will sell a 20% stake in Bank of Beijing Consumer Finance Co to Spain's Santander Consumer Bank AG for $48 million.
March 6 – China's M&A market recorded 62 transactions in February, 56 of which were disclosed involving a combined $6.47 billion, according to Zero2IPO. The retail, finance and energy/mining industries snatched the top three spots in terms of the average value per transaction.
March 6 – North America has become China's top region for oil and gas deals as Chinese companies have invested more than $17 billion into oil and gas deals in the region since 2010, the Wall Street Journal reported, citing figures from Dealogic.
March 5 – Harbin Churin Group Co (SHA: 600891), a Heilongjiang province-based department store operator, said it plans to buy out Harbin Churin Food Ltd for ¥49.48 million and Xintiandi Churin Food Ltd for ¥730,000. Harbin Churin Food, founded in 1900 by Russians, produced 2,000 tons of baked snacks valued at ¥70 million in 2011. Xintiandi Churin Food was founded in January 2003 with ¥1 million in registered capital.
February 29 – Shenhua Group Corp, China's biggest coal producer, said its subsidiary, Shenhua Guohua Energy Investment Co, has purchased 75% of Australia's Woolnorth Wind Farm. No details were disclosed for the deal, which Shenhua said was China's largest overseas wind farm acquisition to date.
February 29 – Chengtun Mining Group Co (SHA: 600711) said it plans to spend ¥1.47 billion buying out Inner Mongolia-based Aima Mining Co, which is capable of producing 300,000 tons of zinc and lead per year.
$1 = ¥6.32
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