This paper investigates the influence of industry-level overvaluation on technological acquisitions. utilizing merger and acquisition (M&A) data from Chinese listed firms spanning 2007 to 2022. Our analysis confirms that industry-level overvaluation promotes technological acquisitions. a finding that remains significant even after several robustness checks. https://www.roneverhart.com/ASUS-VivoBook-X515-15-6-FHD-Laptop-Intel-Core-i5-1135G7-2-4-GHz-Intel-Iris-Xe-Graphics-16GB-DDR4-RAM-1TB-SSD-Windows-/