The total investment volume of M&A and VC/PE in China increased from USD 1.1bn in April 2011 to USD 2.6bn in June 2011. The total volume of M&A increased greatly from USD 336m in April 2011 to USD 2.0bn in June, which is partly due to several large volume acquisitions in television production and broadcasting industry and E-Commerce industry. This issue includes the following highlights:

- Tencent Inc. (the largest and most used internet service portal in China) acquires 4.6% share of Huayi Brothers Media Corporation (the best known comprehensive entertainment company in China) with USD 69.4m.

- Milestone Capital and GSR Ventures invest in Lashou.com (one of Top 3 group purchase companies in China) with USD 111m.