The Iraqi electoral commission announced Monday the final results of the November 11 parliamentary elections, confirming a strong performance by Prime Minister Mohammed Shia' al-Sudani's political coalition.
During a televised press conference, the Independent High Electoral Commission released the detailed results, revealing only minor adjustments from the preliminary count announced earlier.
The final tally showed that al-Sudani's Reconstruction and Development Coalition secured 46 seats in the 329-member Council of Representatives, Iraq's parliament, followed by former Prime Minister Nuri al-Maliki's State of Law Coalition with 29 seats, and former Parliament Speaker Mohammed al-Halbousi's Taqaddum (Progress) Alliance with 27 seats.
The strong result for al-Sudani's coalition solidifies his position as a central figure in the forthcoming negotiations. With no single bloc winning an outright majority, forming a ruling coalition is a critical next step in Iraq's democratic process.
In a related development, the Iraqi Federal Supreme Court ruled earlier Monday that the government must assume a caretaker status following the conclusion of the outgoing parliament's term.
The caretaker government's powers are limited to day-to-day affairs, with a prohibition on long-term decisions such as treaty signings, loan contracts, or senior official appointments. The country's president will remain in office until the new parliament is formed.
Iraq announces final parliamentary election results
Mergers, acquisitions, and reorganizations in China's A-share market have picked up markedly since the start of the year, with deals disclosed in the first quarter up over 80 percent year on year, led by strong momentum in hard-tech sectors.
Data from Wind Information, a China financial data provider, showed that by Tuesday, listed companies had announced 829 merger, acquisition, and reorganization deals, with 224 on the ChiNext board and 94 on the STAR Market. By sector, "hard technology" sectors, represented by semi-conductor and smart manufacturing, have emerged as the most active areas.
"Hard-tech sectors typically feature rapid technological iteration, heavy research and development investment and long industrial chains, with significant economies of scale. Given these features, industrial mergers, acquisitions, and reorganizations have been a key tool for hard-tech companies to strengthen supply chain resilience and competitiveness. In addition, China's related policies, dubbed 'Six Measures for Mergers and Acquisitions,' explicitly support listed companies in carrying out mergers, acquisitions, and reorganizations around strategic emerging industries and future industries, while moderately increasing regulatory tolerance for unprofitable assets. This has created more favorable institutional conditions and a better market environment for listed companies in the hard-tech sectors to accelerate industrial upgrading and strengthen independent innovation," said Chen Jie, head of Mergers and Acquisitions Group at the investment banking division of China International Capital Corporation.
Chen also noted that the surge in mergers, acquisitions, and reorganizations has been reshaping valuation dynamics in the A-share market. As integration and synergies take time to materialize, investors are increasingly shifting their focus from short-term sentiment to long-term value based on business logic. At the same time, sustained mergers and acquisitions activity is expected to support the revaluation of leading companies.
"Through consolidation and expansion, leading A-share firms are likely to see their core competitiveness and long-term growth prospects become more evident. This will help the market better recognize their intrinsic value, offering higher valuation, and contribute to a more rational and mature valuation system overall," said Chen.
China's A-share sees mergers, acquisitions, reorganizations pick up,led by hard-tech sectors
