HK Merger Arb: Evaluating the Post China TCM Widening Spreads
The gross spreads of large HK merger arb situations have increased since 18 October, the China TCM deal break date. We assess the spreads of HK's...
503 Views
Merger Arb Mondays (04 Nov) - Haitong, Canvest, Capital Grand, Capitol, Fuji Soft, NESIC, Elematec
This week, the highest gross spreads are Seven & I (28.8%), Capital Grand (18.1%), Henlius (13.1%), Canvest (12.4%), GA Pack (10.0%), Shinko...
337 Views
GJS/Haitong Merger Musings
Some media outlets believe that the GJS/Haitong terms may place holders of other Hong Kong broker stocks at a disadvantage if potentially acquired...
431 Views
Guotai Junan (2611 HK)/Haitong (6837 HK)'s Merger: A Win For H-Shareholders
Done and done. After bigly moves in both stock, I see the gross/annualised return at 21%/22%, assuming late 3Q25. If you can take down borrow...
935 Views
Merger Arb Mondays (14 Oct) - Haitong/GJTA, GA Pack, Henlius, Canvest, Seven & I, Arcadium Lithium
This week, the highest gross spreads are Seven & I (18.3%), Henlius (8.1%), Canvest (7.5%), Haitong Securities (7.2%), Shinko Electric (7.2%), GA...
586 Views