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

New World Dev (17 HK)'s Shanghai-Listed REIT Is A Drop In The Bucket

Town Planning Board's Rezoning Rejection Is The Right Call

Quiddity Advisors

Event-Driven

<ul>
<li>In <a href="https://www.smartkarma.com/insights/nwd-17-hk-edging-towards-a-bailout" target="_blank" data-smartkarma-citation="insights:238341" rel="noopener">NWD (17 HK): Edging Towards A Bailout</a>, I mentioned <a href="https://www.smartkarma.com/entities/new-world-development-co-ltd" target="_blank" data-smartkarma-citation="entities:7037:1" rel="noopener">New World Development (17 HK)</a> was reportedly in negotiations with the Hong Kong Airport Authority on its 11 Skies project.</li>
<li>In its FY26 results, ahead of the national holiday, NWD posted an HK$18.3bn writedown as part of an early termination agreement of the project with the AAHK.</li>
<li>NWD was expected to pay rent on 11 Skies of at least HK$1.8bn/annum from 2028 through to 2066; therefore, there is some consolation here from the termination.</li>
</ul>


In NWD (17 HK): Edging Towards A Bailout, I mentioned New World Development (17 HK) was reportedly in negotiations with the Hong Kong Airport Authority on its 11 Skies project.
In its FY26 results, ahead of the national holiday, NWD posted an HK$18.3bn writedown as part of an early termination agreement of the project with the AAHK.
NWD was expected to pay rent on 11 Skies of at least HK$1.8bn/annum from 2028 through to 2066; therefore, there is some consolation here from the termination.


New World Development

NWD (17 HK) Terminates Airport Mega Mall