Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

A/H Premium Tracker (Week to 7 Nov 2025):  Beautiful Skew Behaving Badly, CNOOC Better

HK Connect SOUTHBOUND Flows (Wk To 31 Oct 2025) - Volatile Unwinding But Net SOE Buying

A/H Premium Tracker (2 Wks to 24 Oct 2025):  Beautiful Skew Behaving Badly; High Div SOEs

HK Connect SOUTHBOUND Flows (2wks To 24 Oct 2025); Big Flows on Downdraft, Lower Flows on Rebound

Quiddity Advisors

Event-Driven

<ul>
<li>Big Beautiful Skew was again a no-show. But the SFC's expectation of dual counter eligibility for Connect by year-end approaches its endgame.</li>
<li>The GAC (2238 HK) reco 2wks ago worked well. One extra week was bad. Last week's reco on <a href="https://www.smartkarma.com/entities/cnooc-ltd" target="_blank" data-smartkarma-citation="entities:175:1" rel="noopener">CNOOC Ltd (883 HK)</a> was a disaster. H underperformed A by 8.4%.</li>
<li>The data tables below update on a daily basis in the <a href="https://www.smartkarma.com/tools" target="_blank" rel="noopener">Tools</a> section of Smartkarma. The <a href="https://www.smartkarma.com/tools/quiddity/south-flow-monitor" target="_blank" rel="noopener">SOUTHBOUND Flow Monitor</a> and <a href="https://www.smartkarma.com/tools/quiddity/ah-shares-monitor" target="_blank" rel="noopener">AH Pairs Monitor</a> are both there - free - for all SK readers.</li>
</ul>


Big Beautiful Skew was again a no-show. But the SFC's expectation of dual counter eligibility for Connect by year-end approaches its endgame.
The GAC (2238 HK) reco 2wks ago worked well. One extra week was bad. Last week's reco on CNOOC Ltd (883 HK) was a disaster. H underperformed A by 8.4%.
The data tables below update on a daily basis in the Tools section of Smartkarma. The SOUTHBOUND Flow Monitor and AH Pairs Monitor are both there - free - for all SK readers.


A/H Premium Tracker (Week to 31 Oct 2025):  Beautiful Skew Behaving Badly But RMB Counters Approach