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: NWD (17 HK) Is Cheap. It May Get Cheaper Still

Hong Kong To Scrap All "Spicy Measures" (Property Cooling Measures)

Chow Tai Fooks' Offer For NWS (659 HK). Buy NWD (17 HK)

Quiddity Advisors

Event-Driven

<ul>
<li>Hong Kong residential property prices declined 7% in 2023 and are down &gt;20% from the 2021 peak in 2021. The average price of offices also declined ~7% in 2023.</li>
<li>Scrapping property cooling measures, such as the special stamp duty applied to homes resold within 24 months, have been rumoured, to push up housing prices. </li>
<li>In today's annual budget, we got those. And then some. </li>
</ul>


Hong Kong residential property prices declined 7% in 2023 and are down &gt;20% from the 2021 peak in 2021. The average price of offices also declined ~7% in 2023.
Scrapping property cooling measures, such as the special stamp duty applied to homes resold within 24 months, have been rumoured, to push up housing prices. 
In today's annual budget, we got those. And then some. 


Hong Kong: Stamp Duties Axed; Mortgage Rules Relaxed

New World Development

Hong Kong: Stamp Duties Axed; Mortgage Rules Relaxed