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.kingarte.com/product-category/food-servicecommercial-kitchen-equipmentfood-preparation-equipmentcommercial-immersion-blenders/