HSI Index Rebalance: No Changes & Further Delays to Reaching the 80 Member Target
In a surprise, there are no adds/deletes in March. There are some large capping changes that result in a one-way turnover of 2.6% and a one-way...
761 Views
Hang Seng Bank (11 HK): HSBC (5 HK)’s Scheme Vote on 8 January
The offer is attractive compared to peer multiples and privatisation precedents. This is done. At the current price and for a 4 February payment,...
306 Views
Hang Seng (11 HK): 8th Jan Vote On HSBC's Offer. Clean Deal.
Safe deal. Effectively this is a term deposit hybrid. If not in, this is one to pick up on a (unlikely) wobble.Otherwise, look elsewhere.
302 Views
HSBC (5.HK) Q1 Earnings: Big Move, Rich Vol, Hedge Opportunity Emerges
HSBC's stock has surged this year, we present analysis focusing on implied volatility and implied jump expectations, A short-vega hedge structure...
415 Views
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,...
588 Views