Merger Arb Mondays (15 Dec) - Toyota Ind, Makino, Raksul, Pacific Ind, Jinke, Meilan Airport, NSR
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
589 Views
CSI All Share Real Estate Sector Index Rebalance Preview: Multiple Changes in June
There could be 8 adds and 3 deletes for the index in June. Estimated one-way turnover is 3.2% at the rebalance leading to a round-trip trade of CNY...
635 Views
Meilan Airport (357 HK)'s SPA (Finally) Done. Now For The HK$10.62/Share MGO
The MGO is unconditional. I have no strong conviction on the back-end. The Offer Price was only a 10.6% premium to undisturbed. Expect this to...
403 Views
Meilan Airport (357 HK): SPA Precondition Satisfied, Setting up an Unconditional MGO at HK$10.62
Tendering is likely to be low as the offer is unattractive. At the last close and for a mid-February 2026 payment, the gross/annualised spread is...
301 Views
Merger Arb Mondays (08 Dec) - Makino, Pacific Ind, Jinke, ENN Energy, Qube, NSR, Predictive Disc
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
480 Views