Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Event-Driven

Dalian Wanda Commercial Properties / Event-Driven

<p>The shareholder structure of the <a href="https://www.smartkarma.com/entities/84" target="_blank" data-smartkarma-citation="entities:84">Dalian Wanda Commercial Properties</a> H-shares is of interest to those looking at whether the take-private transaction as discussed by <a href="https://www.smartkarma.com/profiles/11" target="_blank" data-smartkarma-citation="accounts:11">Crispin Francis</a> in his previous insights is likely to go through. </p><p>Of the 652.5 million H-shares outstanding, no more than 10% of the shares must vote against in order to see the transaction go ahead. </p><p>That's actually not a lot. </p><p>The potential for a deal was announced at HK$38 and the minimum price noted was HK$48/share. That was the…</p>

The shareholder structure of the Dalian Wanda Commercial Properties H-shares is of interest to those looking at whether the take-private transaction as discussed by Crispin Francis in his previous insights is likely to go through. Of the 652.5 million H-shares outstanding, no more than 10% of the shares must vote against in order to see the transaction go ahead. That's actually not a lot. The potential for a deal was announced at HK$38 and the minimum price noted was HK$48/share. That was the…

Founder-CEO & Chief Analyst, Real Estate Foresight

Robert Ciemniak

Founder-CEO & Chief Analyst

Real Estate Foresight

Since 2012, REF has been helping investors with market research, project due diligence, and strategy development. This has ranged from detailed assessments and estimates on distressed developers' project portfolios to market due diligence on specific projects to macro-level questions linked to demand for commodities. The unique combination of the housing markets and developer data from data partner China Index Academy in Beijing, primary research, and technology-powered alternative data collection from public sources result in a valuable content set used in REF analytics and reports.

Predictive Analytics for China Property

Thematic (Sector/Industry)

<p>Today's house price indices data from SouFun-CREIS on new home sales in China show accelerated growth for 100 cities overall index of 10% year-on-year in May, compared to 9% in April. Shenzhen continues to stand out on 12-month basis with 59% increase, ahead of Huizhou and Dongguan (both in Guangdong province) with 35% and 34%, respectively. On sequential month-on-month basis, the 100 cities index increased by 1.7% compared to 1.45% in April. Xiamen and Hefei had strongest sequential…</p>

Today's house price indices data from SouFun-CREIS on new home sales in China show accelerated growth for 100 cities overall index of 10% year-on-year in May, compared to 9% in April. Shenzhen continues to stand out on 12-month basis with 59% increase, ahead of Huizhou and Dongguan (both in Guangdong province) with 35% and 34%, respectively. On sequential month-on-month basis, the 100 cities index increased by 1.7% compared to 1.45% in April. Xiamen and Hefei had strongest sequential…

Editor, Bixmoor

Nick Fielding

Editor

Bespoke Research on China and neighbouring regions

Bixmoor

Bixmoor specialises in providing bespoke research to business, governments and the financial community on China and neighbouring regions. We seek to build long-term relationships with our clients, based on our expertise, our reliability and our determination to find the right solution.

<p>China's 13th Five Year Plan aims to re-balance the economy, to encourage innovation and to clean up the environment. But a major assessment of the plan finds considerable room for doubt, whilst offering insights into possible areas for investment.</p>

China's 13th Five Year Plan aims to re-balance the economy, to encourage innovation and to clean up the environment. But a major assessment of the plan finds considerable room for doubt, whilst offering insights into possible areas for investment.

Growth with Volatility - The Next Five Years in China

Special Situations, Content Strategist, Smartkarma

Crispin Francis

Special Situations, Content Strategist

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

<h2>Indicative Timetable</h2><table class="table table-striped"><tbody>
<tr>
<td><strong>Dates</strong></td>
<td><strong>Events</strong></td>
</tr>
<tr>
<td>30-Mar-16</td>
<td><a href="http://www.hkexnews.hk/listedco/listconews/SEHK/2016/0330/LTN201603301343.pdf" target="_blank">Notice of Preliminary phase of Consideration</a></td>
</tr>
<tr>
<td>21-Apr-16</td>
<td>Dalia Wanda Group <a href="http://www.reuters.com/article/dalian-wanda-privatisation-idUSL3N17P1LX" target="_blank">offers</a> 12% annual interest to offshore investors in take-private plan</td>
</tr>
<tr>
<td>25-Apr-16</td>
<td>Dalian Wanda Commercial Properties ("3699") <a href="http://www.hkexnews.hk/listedco/listconews/SEHK/2016/0425/LTN20160425121.PDF" target="_blank">trading halt</a>
</td>
</tr>
<tr>
<td>30-May-16</td>
<td>
<a href="http://www.hkexnews.hk/listedco/listconews/SEHK/2016/0530/LTN20160530158.pdf" target="_blank">Voluntary Conditional Cash Offer</a> for SEHK:3699 at HKD 52.80/Share</td>
</tr>
<tr>
<td>20-Jun-16*</td>
<td>Est. Composite Offer Document Released</td>
</tr>
<tr>
<td>15-Aug-16</td>
<td>Est. H Share Class Meeting &amp; EGM</td>
</tr>
<tr>
<td>12-Sep-16</td>
<td>Est. Unconditional Offer Announcement</td>
</tr>
<tr>
<td>21-Sep-16</td>
<td>Est. Payment Date </td>
</tr>
</tbody></table><div class="content-remarks"><p>*<em>We have seen</em>…</p></div>

Indicative Timetable

Dates
Events


30-Mar-16
Notice of Preliminary phase of Consideration


21-Apr-16
Dalia Wanda Group offers 12% annual interest to offshore investors in take-private plan


25-Apr-16
Dalian Wanda Commercial Properties ("3699") trading halt



30-May-16

Voluntary Conditional Cash Offer for SEHK:3699 at HKD 52.80/Share


20-Jun-16*
Est. Composite Offer Document Released


15-Aug-16
Est. H Share Class Meeting &amp; EGM


12-Sep-16
Est. Unconditional Offer Announcement


21-Sep-16
Est. Payment Date 

*We have seen…

Dalian Wanda - Detailed Analysis Of Binding Offer

Macro Strategist, Saxo Capital Markets

Kay Van-Petersen

Macro Strategist

Saxo Capital Markets

<p><strong>Global Macro Take: WK 22 – DXY is going back to 100</strong></p><ul><li>Again its all about the US Dollar &amp; upcoming Fed hikes, nothing else matters…</li><li>DXY at 95.52 +0.20% for WK 21, is up 4 wks in a row – but you still ain’t seen nothing yet, we should be in the 96-97 range by now</li><li>As per the thesis from last week, Fed implied rate hike probabilities continue to grind up – yet year end expectations of one &amp; two hikes still too low at 74% &amp; 25%. Market is still asleep</li><li>Jun now has a 30% chance, whilst Jul (KVP’s pick) has now moved from c. 48% to 54% in the span of a week</li><li>WK ahead will be filled with Final PMIs, US ISM will be key as will NFP. ECB? Non-event</li></ul>

Global Macro Take: WK 22 – DXY is going back to 100Again its all about the US Dollar &amp; upcoming Fed hikes, nothing else matters…DXY at 95.52 +0.20% for WK 21, is up 4 wks in a row – but you still ain’t seen nothing yet, we should be in the 96-97 range by nowAs per the thesis from last week, Fed implied rate hike probabilities continue to grind up – yet year end expectations of one &amp; two hikes still too low at 74% &amp; 25%. Market is still asleepJun now has a 30% chance, whilst Jul (KVP’s pick) has now moved from c. 48% to 54% in the span of a weekWK ahead will be filled with Final PMIs, US ISM will be key as will NFP. ECB? Non-event

TGIM! @KVP_Macro - WK22. Mon 30 May 2016. The Global Macro Take: DXY Is Going Back to 100

China

Dalian Wanda Commercial Management Group Co., Ltd. operates as a commercial property developer, owner, and operator. The Company develops and manages mixed-use property projects including retail, office, hotel, residential, restaurant, entertainment, and other projects. Dalian Wanda Commercial Management Group conducts businesses in China.

Dalian Wanda Commercial Properties (1567411D HK)

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Dalian Wanda Commercial Properties (1567411D HK)

Wanda Where The Shares Are?

The shareholder structure of the Dalian Wanda Commercial Properties H-shares is of interest to those looking at whether the take-private...

Travis Lundy

Latest China House Price Data

Today's house price indices data from SouFun-CREIS on new home sales in China show accelerated growth for 100 cities overall index of 10%...

Robert Ciemniak

Growth with Volatility - The Next Five Years in China

China's 13th Five Year Plan aims to re-balance the economy, to encourage innovation and to clean up the environment. But a major assessment of the...

Bixmoor

Dalian Wanda - Detailed Analysis Of Binding Offer

Indicative Timetable*We have seen similar precedent transactions take an average of 31 days to release the composite document, in this case, we...

Crispin Francis

TGIM! @KVP_Macro - WK22. Mon 30 May 2016. The Global Macro Take: DXY Is Going Back to 100

Global Macro Take: WK 22 – DXY is going back to 100 Again its all about the US Dollar & upcoming Fed hikes, nothing else matters… DXY at 95.52...

Kay Van-Petersen

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)