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

Quiddity Advisors

Event-Driven

<ul>
<li>IT "concierge" play <strong><a href="https://www.smartkarma.com/entities/futong-technology-develop" target="_blank" data-smartkarma-citation="entities:2713:1" rel="noopener">Futong Technology Develop (465 HK)</a></strong>, is currently suspended in relation to a "possible change in control".</li>
<li>Futong, which hasn't returned a profit since FY20, is up 300% in the past fortnight. Textbook news leak there. The exchange should investigate this wild move.</li>
<li>I assume Chen Jian, the controlling shareholder (69.85%) and chairman, is exiting. This would lead to an unconditional MGO. One that is a takeunder.</li>
</ul>


IT "concierge" play Futong Technology Develop (465 HK), is currently suspended in relation to a "possible change in control".
Futong, which hasn't returned a profit since FY20, is up 300% in the past fortnight. Textbook news leak there. The exchange should investigate this wild move.
I assume Chen Jian, the controlling shareholder (69.85%) and chairman, is exiting. This would lead to an unconditional MGO. One that is a takeunder.


Futong Tech (465 HK): Chairman's Exit To Trigger Change Of Control