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

AIA - Largest Insurer in Asia Pacific, Risks Heightened with China Evergrande Liquidation

Ping An Insurance - Worsening Profit for Some Years, Can Accelerate with Corporate Bond Impairments

BOC HK - Credit Costs Have Flat Lined for Years, a Blow Out in 2H23 or 1H24 Can Be a Shock

Quiddity Advisors

Event-Driven

<ul>
<li>Back on the 20th January 2023, shares in <strong><a href="https://www.smartkarma.com/entities/bank-of-jinzhou-co-ltd" target="_blank" data-smartkarma-citation="entities:21014:1" rel="noopener">Bank Of Jinzhou (416 HK)</a> (BoJ) </strong>were <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2023/0120/2023012000173.pdf" target="_blank" rel="noopener">suspended</a> due to a delay in<a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2023/0331/2023033103863.pdf" target="_blank" rel="noopener"> publishing its FY22 results</a>. </li>
<li>BoJ was previously <a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2020/0310/2020031001160.pdf" target="_blank" rel="noopener">bailed out</a> in March 2020 by the PBOC and Liaoning Financial Holdings, owned by the finance authority of Liaoning province, <a href="https://www.yicaiglobal.com/news/liaoning-financial-makes-tender-offer-of-usd11-billion-to-buy-bank-of-jinzhou" target="_blank" rel="noopener">via the placement of new domestic shares</a>. </li>
<li>Now Liaoning Financial is taking BoJ private at<a href="https://www1.hkexnews.hk/listedco/listconews/sehk/2024/0126/2024012601259.pdf" target="_blank" rel="noopener"> HK$1.38/share</a>, or ~0.28x P/B.</li>
</ul>


Back on the 20th January 2023, shares in Bank Of Jinzhou (416 HK) (BoJ) were suspended due to a delay in publishing its FY22 results. 
BoJ was previously bailed out in March 2020 by the PBOC and Liaoning Financial Holdings, owned by the finance authority of Liaoning province, via the placement of new domestic shares. 
Now Liaoning Financial is taking BoJ private at HK$1.38/share, or ~0.28x P/B.


Bank of Jinzhou (416 HK) To Be Taken Private