Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

HK Type 4 license through Ballingal Investment Advisors Ltd. 

I'm a highly experienced sell-side analyst with in excess of 26 years of covering Asia Pacific equities, the past 20 years immersed in event strategies encompassing M&A risk arbitrage, directional long/short, stub trades and restructuring.  

My background also includes accountancy (liquidation/bankruptcy/receivership) earlier in my career and as a chief financial officer of a global commodity company based in the US and Mexico.

Pan-Asia Catalysts/Events

CK Hutchison (1 HK) Ratches Up Panama Canal Legal Wrangling

CKH (1 HK): The Courts (Predictably) Annul The Panama Concessions. Now What?

CK Hutchison (1 HK): "New And Perhaps Unforeseen Challenges"

CK Hutch (1 HK): The Optics Are Looking Favourable

Quiddity Advisors

Event-Driven

<ul>
<li>Reportedly, <strong><a href="https://www.smartkarma.com/entities/ck-hutchison-holdings-ltd" target="_blank" data-smartkarma-citation="entities:132:1" rel="noopener">CK Hutchison (1 HK)</a></strong> is exploring a dual-listing of AS Watson (Hong Kong &amp; London) in the second half of this year.</li>
<li>AS Watson reported FY25 revenue and EBITDA of HK$209bn and HK$18.2bn. A US$30bn valuation is touted, or ~13x turns of EBITDA.</li>
<li>Elsewhere, CKH is exploring listing its European telcos; talks remain ongoing regarding the sale of ex-China/Panama ports; and potentially merging Park N Shop with <strong><a href="https://www.smartkarma.com/entities/dfi-retail-group-holdings-limited" target="_blank" data-smartkarma-citation="entities:7427:1" rel="noopener">DFI Retail Group (DFI SP)</a></strong>'s Wellcome.</li>
</ul>


Reportedly, CK Hutchison (1 HK) is exploring a dual-listing of AS Watson (Hong Kong &amp; London) in the second half of this year.
AS Watson reported FY25 revenue and EBITDA of HK$209bn and HK$18.2bn. A US$30bn valuation is touted, or ~13x turns of EBITDA.
Elsewhere, CKH is exploring listing its European telcos; talks remain ongoing regarding the sale of ex-China/Panama ports; and potentially merging Park N Shop with DFI Retail Group (DFI SP)'s Wellcome.


CK Hutch (1 HK): Assets Sales And Listings Abound. This Is A Buy