HDC Tender Hedge Ratio Estimation - Arb Yield Is Still Too Appealing
The HDC tender event is still giving a very appealing arb yield at 8.93%. As a result, local short-term funds again came back and have done arb...
457 Views
Last Week in Event SPACE: Sharp, TPG, Aveo, Wheelock Props, Es Con, Foster, ASM Int'l
Last Week in Event SPACE ... It looked like a block trade in Sharp Corp (6753 JP), but it did not smell like one TPG Telecom Ltd (TPM...
375 Views
HDC Tender: Two Ways of Playing This Event
HDC tender spread is still hovering at a 7-8% level. But local institutions' long-short arb trades seem to be taking a pause over the last two...
435 Views
HDC Tender Current Status: Spread Is Still There
We now have the official swap ratio of 2.48095. That is, Holdings will target a total 13,181,466 Hyundai Dev Co shares for ₩58,672 per share and...
341 Views
HDC Tender: As of 9:40 AM in Korea Time, We Have a Spread Opening
As of now (9:40 AM in Korean local time), we have a solid spread opening in the HDC tender event. If you haven't made any action yet, now should be...
335 Views