New Stamp Duty Negative on Transaction Volume in the NearTerm
The Hong Kong government announced a new ad valorem stamp duty, or AVD, late on Nov. 4. Effective Nov. 5, except for first-time homebuyers who are...
6k Views
Kangji Medical (9997 HK): A Close Run Thing
Done & dusted. But closer than expected. This will trade at or close to terms. Cash out or wait for payment. If not in, perhaps run a ruler over...
377 Views
Joy City Property (207 HK): Wide Spread Ahead of the 17 November Scheme Vote
While the offer is reasonable compared to peer multiples and historical trading ranges, there remains vote risk. For a 4 December payment, the...
616 Views
Kangji Medical (9997 HK): 10th Nov Shareholder Vote on Founders/TPG/QIA's Offer
I expect this Offer gets up. I'd pay up to ~HK$9.00/share for a ~15% annualised return. If you have the risk bandwidth for HK arbs, get involved.
451 Views
Kangji Medical (9997 HK): A Closer Look At The Shareholder Register
I expect this Offer gets up. Assuming payment shortly before Xmas, I'd pay up to ~HK$8.95/share for a 15% annualised return. If you have the risk...
761 Views