IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Merger Arb Mondays (14 Apr) - ESR, Fengxiang, Vesync, Goldlion, Shibaura, Tsuruha/Welcia, Aeon Mall

Vesync (2148 HK): Scheme Vote on 23 April

HKBN (1310 HK): I Squared Inches Closer to a Competing Offer

HKBN (1310 HK): Another Sing Tao Article as Speculation Swirls on MBK’s Loan Notes Conversion

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Event-Driven

<ul>
<li>The gross spreads of large HK merger arb situations have increased due to the unfortunate fallout from Trump's trade war. The HSI closed down 13.2%.</li>
<li>We assess the widening spreads of HK's merger arb situations based on offer structure, preconditions, conditions, and other factors.</li>
<li>The deals, ranked in terms of increasing deal risk, are Tam Jai, Soundwill, Vesync, Goldlion, Canvest, ESR, OneConnect, HKBN, and ENN Energy.</li>
</ul>


The gross spreads of large HK merger arb situations have increased due to the unfortunate fallout from Trump's trade war. The HSI closed down 13.2%.
We assess the widening spreads of HK's merger arb situations based on offer structure, preconditions, conditions, and other factors.
The deals, ranked in terms of increasing deal risk, are Tam Jai, Soundwill, Vesync, Goldlion, Canvest, ESR, OneConnect, HKBN, and ENN Energy.


Canvest Environmental Protection Group (1381 HK)

Oneconnect Financial Technology (6638 HK)

HK Merger Arb: Opportunities Amidst the Market Selloff

ESR Group

HK Merger Arb: Opportunities Amidst the Market Selloff