Guotai Junan (1788 HK): A Closer Look At The Shareholder Register
Trading at a 4%/13.6% gross/annualised spread, assuming this completes before year-end. Clean deal. The blocking risk is low.
133 Views
CICC/ Dongxing Sec/ Cinda Sec Merger: Index Flows Next Week & More Later
Dongxing Sec and Cinda Sec stop trading from 15 Sep following the merger with CICC. There are changes for the CSI300/500/1000 indices and passive...
165 Views
CICC (3908 HK): CSRC's Approval of the Merger
The market has concerns about the merger's EPS dilution for CICC. However, it is strategically important. Also, CICC's 0.57x 12-month forward P/B...
142 Views
China Strategy: Screening the H-Share Securities Companies
H-share securities companies still have room for corrections despite recent retreats, with Citic Securities and China Merchants Securities looking...
602 Views
Merger Arb Mondays (07 Sep) - Skyworth, Z Fin, OFX, Cleanaway, EQT, European Lit, BetMakers, Kakaku
I summarise the latest spreads and newsflow for the merger arb situations covered across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
198 Views