Gold Miners ETF (GDX US) June Rebalance: 3 Adds Likely; US$1.6bn Trade
The June changes for GDX will be announced after market close today and implemented after market close on 19 June. We forecast 5 adds: Zijin Gold,...
977 Views
Merger Arb Mondays (08 Jun) - ENN, Con Aero, Skyworth, Kakaku, Shinko Shoji, Cygnus, Tourism Hldgs
I summarise the latest spreads and newsflow for the merger arb situations we cover across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
202 Views
Cygnus (CY5 AU): Central Asia Metals' Clean Scheme
This may trade wide given the cross border nature of the deal, and Cygnus' illiquidity. You could take down borrow in CAML. Depending on your...
167 Views
Asia-Pac M&A [May 2026 Wrap]: Vault Minerals, Kakaku.com, Nippon Dry Chemical, Paltac Corporation
The average premium for the new transactions announced (or first discussed) in May was ~57%, and a year-to-date average of 48%.
112 Views
Merger Arb Mondays (01 Jun) - Taiyo, Kodensha, Shinko Shoji, Atlas, Qoria, OOh!media, Tourism Hldgs
I summarise the latest spreads and newsflow for the merger arb situations we cover across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...
172 Views