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

Visit to a Clarks Store in London, A New CEO, & The Surprising Popularity of Clarks' Wallabees

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/viva-china-holdings-ltd" target="_blank" data-smartkarma-citation="entities:15864:1" rel="noopener">Viva China (8032 HK)</a> trades at a large discount to its 10.6% holding in <a href="https://www.smartkarma.com/entities/li-ning-co-ltd" target="_blank" data-smartkarma-citation="entities:6047:1" rel="noopener">Li Ning (2331 HK)</a>. </li>
<li>Apart from its Li Ning exposure, Viva has a controlling stake in <a href="https://www.smartkarma.com/entities/bossini-international-holdings-limited" target="_blank" data-smartkarma-citation="entities:4085:1" rel="noopener">Bossini International Holdings (592 HK)</a>, a sports experience segment, and net cash.</li>
<li>The current NAV discount of ~46% is unlikely to meaningfully narrow near term given management's reluctance to pay out a large dividend or undertake a corporate restructuring. </li>
</ul>



Viva China (8032 HK) trades at a large discount to its 10.6% holding in Li Ning (2331 HK). 
Apart from its Li Ning exposure, Viva has a controlling stake in Bossini International Holdings (592 HK), a sports experience segment, and net cash.
The current NAV discount of ~46% is unlikely to meaningfully narrow near term given management's reluctance to pay out a large dividend or undertake a corporate restructuring. 


Viva China: Perennially Inexpensive Li Ning Exposure

Viva Goods

Viva China: Perennially Inexpensive Li Ning Exposure