bullish
Last Week in Event SPACE: Tsuruha/Welcia, GAPack, Canvest, HKBN
423 Views05 Jan 2025 06:30
SUMMARY
- Tsuruha (3391 JP) and Welcia (3141 JP) may merge quicker than expected. Meaning a one-year "guess the price" ratio. Expect Tsuruha to gain against Welcia from here.
- PUSUs exist in Hong Kong. In its bid for GAPack (468 HK), XJF should sound out the SFC to put Bi/Hong on notice.
- Canvest Environmental (1381 HK) effectively ticks off another pre-con. This transaction continues to trade too wide to terms.
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