Wing On Bank Acquisition Of Harrow Motivation And Performance Analysis

With the speedy improvement of economy,in the capital market,many firms pick to collect and collect businesses in order to enlarge the market share and decorate the have an effect on of enterprises.However,the excessive returns will additionally be accompanied by using large risk anticipated financial benefits,however may additionally lead to the decline of the unique monetary effect of the enterprise.To obtain expected benefits from M&A,it is of great importance both in theory and reality to study the motives of M&A and the whole reaction of firms’ performance.With the fast improvement of the Internet in China,shared tour relying on the cellular Internet has turn out to be a special new inexperienced economic system in China.However,due to the tremendous competitiveness of the enterprise and the changeable operation mode of enterprises,mergers and acquisitions have emerge as an vital way for many companies to decorate their competitiveness.This paper takes the case of Youon history with the factor of the tour sharing enterprise as the entry point.Secondly,a short introduction of the merger event,mostly which include the prevalent scenario of the industry,the universal scenario of each businesses and the acquisition process.Thirdly,combining with the sharing financial system enterprise and the organization heritage of Youon on,the acquisition of Harrow is to supply full play to the industrial upgrading and take in the market of Harrow in the brief term,so as to acquire the cause of enhancing the business enterprise overall performance in the brief term.Then use the match lookup approach evaluation Youon acquisition after temporary performance,located that the mergers and acquisitions did now not convey high quality effect,however due to Youon listed quick time,records is insufficient,might also make argument deviation,so this paper the usage of the most important factor evaluation and economic evaluation technique evaluation of the overall performance of the enterprise,it is concluded that Youon thru mergers and acquisitions to enhance business enterprise overall performance of the enterprise,it is concluded that Youon the mergers and acquisitions to enhance business enterprise overall performance did no longer reap the preferred effect,alternatively of the destructive influence on Youon long-term performance.This paper research the non-financial overall performance and finds that the non-financial overall performance of Youon has been substantially accelerated after the acquisition.Finally,this paper analyzes the overall performance of Youon and obtains the following enlightenment:hold close the possibility in accordance to the traits of the industry,pick the suitable merger and acquisition object,and the organization merger and acquisition must be primarily based on the long-term improvement goals,toughen the integration after the merger and acquisition to play a synergistic role,enhance the R&D ability,and amplify the R&D investment.