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 22 years of covering Asia Pacific equities, the past 19 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

StubWorld: CKH (1 HK) - Expect Near-Term Weakness If Exclusivity Ends Without Resolution

US Banks - Weekly LLR Data Suggests Strong Credit Metrics, 3rd Week in Row of over +4% Loans

Li Ka-Ching! Cheung Kong (1 HK) Offloads Panama Ports To Blackrock

2022 High Conviction: CK Hutchison (1 HK) Trading At Its Widest Ever Level

Quiddity Advisors

Event-Driven

<ul>
<li>To avoid a political landmine, on the 4th March <strong><a href="https://www.smartkarma.com/entities/ck-hutchison-holdings-ltd" target="_blank" data-smartkarma-citation="entities:132:1" rel="noopener">CK Hutchison Holdings (1 HK)</a>  </strong><a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2025/0304/2025030402128.pdf" target="_blank" rel="noopener">announced</a> a deal with Blackrock to offload its entire port ops, including the contentious Panama ports.</li>
<li>It's an astute deal selling to a buyer, ostensibly backed by the Trump administration, at the top of the market, knowing global trade could fall under a new tariff regime.</li>
<li>The risk to the transaction is one of timing. US/Panama approvals are a shoo-in. But it's a complex deal, which will take time to work through the system.</li>
</ul>


To avoid a political landmine, on the 4th March CK Hutchison Holdings (1 HK)  announced a deal with Blackrock to offload its entire port ops, including the contentious Panama ports.
It's an astute deal selling to a buyer, ostensibly backed by the Trump administration, at the top of the market, knowing global trade could fall under a new tariff regime.
The risk to the transaction is one of timing. US/Panama approvals are a shoo-in. But it's a complex deal, which will take time to work through the system.


Mandarin Oriental International (MAND SP)

CK Hutchison Holdings

CK Hutch (1 HK): Still Trading Cheap