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

Zijin Mining – Structural Re-Rate Underway; Q3 Results Validate Copper–Gold Flywheel + Spin Unlock

StubWorld: Zijin Mining (2899 HK) Is Still Out Of Whack

Zijin Mining (2899 HK): Zijin Gold Priced At US$24bn

Zijin Mining (2899 HK): Fully Valued Ahead Of (Expected) Gold Unit Spin-Off

Quiddity Advisors

Event-Driven

Zijin Mining Group Co Ltd H / Event-Driven

<ul>
<li>As <strong><a href="https://www.smartkarma.com/entities/zijin-gold-international" target="_blank" data-smartkarma-citation="entities:45448:1" rel="noopener">Zijin Gold (2259 HK)</a></strong>'s share price defies gravity, so does <strong><a href="https://www.smartkarma.com/entities/zijin-mining-group-co-ltd-h" target="_blank" data-smartkarma-citation="entities:6358:1" rel="noopener">Zijin Mining Group Co Ltd H (2899 HK)</a>'</strong>s.</li>
<li>Full disclosure: I misread the room. I thought Zijin Gold was fully priced at HK$71.59/share. As was Zijin Mining. Zijin Gold is now up 92% and Zijin Mining 20%.</li>
<li>Zijin Gold currently trades at a 100% premium to peers on forward PER and EV/EBITDA multiples. </li>
</ul>


As Zijin Gold (2259 HK)'s share price defies gravity, so does Zijin Mining Group Co Ltd H (2899 HK)'s.
Full disclosure: I misread the room. I thought Zijin Gold was fully priced at HK$71.59/share. As was Zijin Mining. Zijin Gold is now up 92% and Zijin Mining 20%.
Zijin Gold currently trades at a 100% premium to peers on forward PER and EV/EBITDA multiples. 


Contemporary Amperex Technology (CATL) (3750 HK)

Zijin Mining (2899 HK): Where To From Here?