Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

HK Type 4 license through Ballingal Investment Advisors Ltd. ("BIA" or "BIAL")

BACKGROUND
I have 20+yrs experience in Asia doing alternative strategies (i.e. non-delta1 non long-only) in fixed income, equity derivatives, and activist/catalyst/event-driven and long-short equity strategies with most of that time spent managing money. 

4 years in fixed income macro, 8 years running internal hedge fund and 4yrs investment banking at Citi in Japan, 3 years running an Asia multi-strat portfolio at a hedge fund, 4+yrs as an independent special situations analyst.

Pan-Asia Catalysts/Events

Baoxin Update:  A Waiver and A Selldown But Overhang Still Ahead

Event-Driven

The Unconditional Partial Offer for 75% of <a href="https://www.smartkarma.com/entities/20829" target="_blank" data-smartkarma-citation="entities:20829">Baoxin Auto Group Ltd</a> by <a href="https://www.smartkarma.com/entities/17171" target="_blank" data-smartkarma-citation="entities:17171">China Grand Automotive Services Co Ltd</a> has been completed. Prior to the <a href="http://www.hkexnews.hk/listedco/listconews/sehk/2016/0621/LTN20160621510.PDF" target="_blank">Offer Results Announcement</a>, the shares traded another 2.07mm shares, ending down 4.7% at HK$4.24/share. A total of 2,533,197,761 shares (or 99.06% of shares available to accept) accepted the Offer against the 1,917,983,571 shares purchased, indicating a pro-ration of 75.71393%.  This is lower than I expected, and indicates that even passively-managed shares…

The Unconditional Partial Offer for 75% of Baoxin Auto Group Ltd by China Grand Automotive Services Co Ltd has been completed. Prior to the Offer Results Announcement, the shares traded another 2.07mm shares, ending down 4.7% at HK$4.24/share. A total of 2,533,197,761 shares (or 99.06% of shares available to accept) accepted the Offer against the 1,917,983,571 shares purchased, indicating a pro-ration of 75.71393%.  This is lower than I expected, and indicates that even passively-managed shares…

China Grand Automotive Services (600297 CH)

Grand Baoxin Auto

Baoxin Offer Results