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/84-inch-Outswing-Double-Door-Security-Door-Bars-ESI-SB-01-0084/