Guotai Junan (2611 HK)/Haitong (6837 HK)'s Merger: A Win For H-Shareholders
Done and done. After bigly moves in both stock, I see the gross/annualised return at 21%/22%, assuming late 3Q25. If you can take down borrow...
1.3k Views
Zhejiang Expressway (576 HK): Cheap Access to the Roaring Securities Sector
Zhejiang Expressway provides indirect cheap access to mainland securities through its ownership in Zheshang Securities, with a stable toll road...
623 Views
HONG KONG ALPHA PORTFOLIO: (August 2026)
HK Alpha portfolio gained 3.45% in August, outperforming its benchmark by 2.67%. Since inception, the portfolio has outperformed HK indexes by 60%...
183 Views
Merger Arb Mondays (12 Oct) - Skyworth, Z Fin, OFX, Ingenia/Peet, Cleanaway, Reliance, Kakaku
I summarise the latest spreads and newsflow for the merger arb situations covered across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
201 Views
HONG KONG ALPHA PORTFOLIO: (July 2026)
We made several adjustments to the portfolio yesterday. We sold the Baidu (9888) position since it hit our stop-loss level. We also sold the...
164 Views