Research On The Financing Way And Value Creation Of Chinese M&A Market

China’s financial market is walking on the line and thinking, the reform of the deep water area. As one of the important main body of the financial market, the merger and acquisition fund plays an important role in the effective allocation of social resources.In foreign countries, mergers and acquisitions fund has long history, qualifications. In our country, although the merger and acquisition fund starts late, but after the development of recent years, the momentum is more and more fierce, the impact is growing, has risen to the strategic level of national development. Especially since the 2008 international financial crisis, the "structure" has become the important target of the government economic work. In recent years, the state has adjusted the industrial structure, promoted the development of mergers and acquisitions, the agencies have introduced policies and measures to encourage local governments to take the method of setting up a buyout fund, and guide financial institutions to participate in corporate M&A business. September 2008, China Insurance Fund Limited Liability Company established, immediately took over the nearly collapse of Xinhua insurance, after three years of capital operation and operation and supervision, the success of the operation of Xinhua Insurance back to normal track and exit through the sale of shares, in the case of high investment returns, but also produced a good social benefits. In addition to the official background of the merger and acquisition fund, a variety of foreign enterprises, private enterprises in the background of the merger and acquisition fund is actively seeking development, the market of China’s mergers and acquisitions fund hot.This paper systematically analyzes the market environment of the development of foreign M&A fund, and focuses on the background and national policies related to the background and the national policy. At the same time, in the form of the case, the paper introduces the impact of the entity enterprises through the introduction of M&A fund on the market performance and long-term development prospects, and analyzes the unique role of M&A fund in the value creation.The order of this paper is to define the concept category of M&A fund, and then comb the financing mode, and then analyze the impact of domestic policy on merger and acquisition fund from two angles, and analyze the specific financing mode and structure of China’s Fund. Finally, this paper discusses the impact of M&A fund’s performance on M&A in the form of a case study, because the market performance is usually a response to the future value of the company. At the end of this paper, we make a summary of the current situation of the M&A fund, and make a judgment on the possible development trend of M&A fund, and put forward policy recommendations to promote the healthy development of M&A fund in China.