china-deal-tracker

china-deal-tracker

Purpose

Track A股投行交易/并购进度 with structured milestone tracking, deadline management, and action item follow-up.

Data Sources

Tier 0 — 万得 Wind（最全面付费数据）

• 覆盖：A股/港美股/基金/指数/债券/宏观/研报/分析（44个工具）
• MCP 服务：wind-mcp（需 WIND_API_KEY 密钥，以 ak_ 开头）
• 优势：全市场覆盖面最广、数据最全面、包含研报和量化分析
• 密钥申请：https://aifinmarket.wind.com.cn/#/home

Tier 1 — 同花顺 iFind（付费精确数据）/ AkShare MCP（Tier-2 免费备选）

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	委托签约 (Mandate signing)	Day 0	Client agreement
2	Teaser 制作	3-5 days	Information gathering
3	买方筛选 (Buyer screening)	1-2 weeks	IOI responses
4	NDA 签署	1-3 days	Buyer identification
5	管理层会议 (Management meeting)	Week 3-4	Buyer shortlist
6	尽调 (Due diligence)	2-4 weeks	Data room access
7	投标 (Bid submission)	Week 6-8	DD complete
8	谈判 (Negotiation)	2-4 weeks	Best bid selection
9	排他 (Exclusivity)	2-4 weeks	Term sheet signed
10	SPA 签署 (Signing)	4-8 weeks	Approvals obtained
11	监管审批 (Regulatory approval)	1-6 months	Filing complete
12	交割 (Closing)	Day 0 of closing	All CPs satisfied

Step 3: Track Action Items

Action item format:

#	Action	Owner	Deadline	Status	Notes
1	制作Teaser	[Name]	[Date]	In progress
2	买方联系	[Name]	[Date]	Not started	3 target buyers
3	管理层会议安排	[Name]	[Date]	Pending	需确认日期

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
反垄断审查	Can add 60-180 days
国有股权转让	Requires 评估 and 产权交易所
外资安全审查	30-60 days if foreign buyer
行业准入	Sector-specific approvals

Common Delays

Issue	Typical Impact	Mitigation
监管审批延迟	+30-90 days	Early filing, engage regulators
管理层分歧	+2-4 weeks	Alignment meetings
买方尽调问题	+1-2 weeks	Data room preparation
估值差距	+2-4 weeks	Advisor mediation
审批机关反馈	Variable	Proactive engagement

A-share Specific Items

• 停牌 (Trading halt): Target company stock halt during process
• 信息披露 (Disclosure): Public announcements required at key stages
• 内幕信息管理 (Insider trading): Strict MI management required
• 保密期 (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