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

Buy CR Power (836 HK) As CRNE (More Than) Doubles On Debut

CR Power (836 HK): Profit And Sector Dip Clouds Clean Energy Spin-Off

CR Power (836 HK): Still Upside From Expected Clean Energy Spin-Off

CR Power (836 HK): CSRC Clears Clean Energy Spin-Off

Quiddity Advisors

Event-Driven

<ul>
<li>Back on the 15th May 2026, the CSRC approved SOE-backed power play <strong><a href="https://www.smartkarma.com/entities/china-resources-power-holdings-co-ltd" target="_blank" data-smartkarma-citation="entities:5385:1" rel="noopener">China Resources Power (836 HK)</a></strong>'s A-share listing of its renewable energy unit, China Resources New Energy Group (CRNE).</li>
<li>CRNE's prospectus was lodged on the 10th June, with a tentative listing early July. CRNE's 1Q26 profit was down 28%, with a forecast drop of at least 19% in 1H26E. </li>
<li>
<strong>CRNE has been priced at RM10.11/share</strong>, raising US$3.8bn, with a post-money market cap of US$20.8bn. CRNE's peer basket is down 21% in the past month. CRP is down 10%.</li>
</ul>


Back on the 15th May 2026, the CSRC approved SOE-backed power play China Resources Power (836 HK)'s A-share listing of its renewable energy unit, China Resources New Energy Group (CRNE).
CRNE's prospectus was lodged on the 10th June, with a tentative listing early July. CRNE's 1Q26 profit was down 28%, with a forecast drop of at least 19% in 1H26E. 

CRNE has been priced at RM10.11/share, raising US$3.8bn, with a post-money market cap of US$20.8bn. CRNE's peer basket is down 21% in the past month. CRP is down 10%.


Henan Shuanghui Investment & Development (000895 CH)

Yihai Kerry Arawana Holdings C (300999 CH)

Update On CR Power (836 HK)'s Clean Energy Spin-Off