Evergrande Real Estate Group Limited M&A Shenzhen Special Economic Zone Real Estate&Pro[Erties(Group) Financial Risk Study

In recent years,China's real estate M & A market continues to heat up.According to PricewaterhouseCoopers' statistics,in the first half of 2017 alone,the total amount of real estate related M&A transactions in China reached US$44.56 billion,an increase of 78.5% year-on-year,and the number of transactions was 207,an increase of 24.7% year-on-year.In recent years,China Evergrande Group has been seeking to return to the A-share market,creating a dual financing platform for Hong Kong stocks and A-shares.Evergrande Real Estate M&A Shenzhen Special Economic Zone Real Estate & Properties(Group),not only fits in with the background of mergers and acquisitions in the industry,but also has a rising background.It is also consistent with the positioning of China Evergrande Group in the future development of Evergrande Real Estate.Financial risk,as an important part of M&A risk,runs through the entire M&A event and is related to the success or failure of M&A.The research methods used in this paper include literature reading method and case analysis method.First,on the basis of the literature reading,the concept of mergers and acquisitions related to the enterprise is defined.Secondly,the use of HHM method to identify the real estate business mergers and acquisitions financial risks,and combined with Evergrande real estate mergers and acquisitions deep housing this incident specifically describes the real estate M & A financial risk,including due diligence risk,value assessment risk.The fuzzy comprehensive evaluation method was used again to establish a fuzzy mathematics comprehensive evaluation model for the financial risks of real estate companies in mergers and acquisitions,and this merger was analyzed and evaluated.Finally,according to the evaluation results,it is pointed out that the financial risk of this merger and acquisition event is at a higher level,and emphasis should be placed on preventing value assessment risk,performance commitment risk,financial integration method risk,financial integration efficiency risk,etc.,and make relevant recommendations.