OneConnect Financial (6638 HK/OCFT US): Precondition Satisfied for a Below Net Cash Offer
The offer is light. The high minority participation rate and protest votes at the recent AGM are warning signs that the vote is far from a done...
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HK Short Interest Weekly: Meituan, Li Auto, Beke, BOC
We analyzed the latest HK SFC report for aggregate short position as of Jun 27th and highlight short interest changes in Meituan, Li Auto, Beke, BOC.
408 Views
FWD IPO Trading - Tepid Demand
FWD Group Holdings (1828 HK), a pan-Asian life insurer founded by Richard Li, raised around US$442m in its HK IPO. In this note, we talk about the...
578 Views
Merger Arb Mondays (07 Jul) - Seven & I, Shibaura, Insignia, New World, ENN Energy, HKBN, Fengxiang
I summarise the latest spreads and newsflow of merger arb situations we cover across Hong Kong, Australia, New Zealand, Singapore, Japan,...
879 Views
Alibaba Health Placement - Delta Placement for EB, but Track Record Isn’t Great
Banks are offering US$500m of Alibaba Health Information Tec (241 HK) stock in order to allow Exchangeable Bond investors to hedge their exposure.
518 Views