Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Event-Driven

<a href="https://www.smartkarma.com/entities/17171" target="_blank" data-smartkarma-citation="entities:17171">China Grand Automotive Services Co Ltd</a> ("CGAS" or "CGA") and #<a href="https://www.smartkarma.com/entities/20829" target="_blank" data-smartkarma-citation="entities:20829">Baoxin Auto Group Ltd</a> ("Boaxin") issued a <a href="http://www.hkexnews.hk/listedco/listconews/SEHK/2015/1211/LTN20151211945.pdf" target="_blank">Joint Announcement</a> late Friday to the effect that after approvals/pre-conditions were met, CGAS would launch an Offer to purchase 75% of Baoxin at HK$5.99/share. I discussed the deal <a href="https://www.smartkarma.com/insights/baoxin-cgas-partial-offer-promises-interesting-future-and-arb-grids" target="_blank">here</a> presenting basic details and Arb Grids. The deal is going to be "tough" for some people. The arb grids show how much internal leverage there is in the situation. The "gap risk" is sizable. This Quicknote…

China Grand Automotive Services Co Ltd ("CGAS" or "CGA") and #Baoxin Auto Group Ltd ("Boaxin") issued a Joint Announcement late Friday to the effect that after approvals/pre-conditions were met, CGAS would launch an Offer to purchase 75% of Baoxin at HK$5.99/share. I discussed the deal here presenting basic details and Arb Grids. The deal is going to be "tough" for some people. The arb grids show how much internal leverage there is in the situation. The "gap risk" is sizable. This Quicknote…

Baoxin: CGAS Partial Offer - 2015 and 2016 Arb Grids

China

Shanghai Shenhua Holdings Co., Ltd. is an investment holding company.  Through its subsidiaries, the Company trades automobiles, manufactures motor vehicle parts, and develops real estate. The Company also has operation in travel and food and entertainment industry.

Shanghai Shenhua Holdings Co, Ltd. (600653 CH)

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Baoxin: CGAS Partial Offer - 2015 and 2016 Arb Grids

China Grand Automotive Services Co Ltd ("CGAS" or "CGA") and #Baoxin Auto Group Ltd ("Boaxin") issued a Joint Announcement late Friday to the...

Travis Lundy