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

China Mobile (941 HK) - Massive Buyback Announced on Eve of A-Share IPO

China Mobile Parent Ups The Ante - Announces Share Increase Plan

China Mobile (941 HK) Buyback Period Starts

China Telecom A-Share IPO Prices; H-Share Discount Wide; Buy China Mobile

China Mobile (941 HK) - It Could Have Been Done Better, But It Ain't Bad for Hs

Last Look at China Mobile Convexity Near-Term?

China Telecom (728 HK) Ups Div Payout Policy - There's a Plan Here. Expect China Mobile to Follow

Quiddity Advisors

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/china-mobile-ltd" target="_blank" data-smartkarma-citation="entities:27:1" rel="noopener">China Mobile (941 HK)</a> has priced its A-share IPO at RMB 57.58/share which is slightly disappointing in terms of premium to the H-share. </li>
<li>Subscriptions start on 22 December, and the IPO should launch a week later, for the largest mainland offering this year and possibly the largest in a decade.</li>
<li>Given the more explicit SHAREHOLDER RETURN PLAN framework published in May this year with the A-Share Circular, expect more management clarity on dividend payout.</li>
</ul>



China Mobile (941 HK) has priced its A-share IPO at RMB 57.58/share which is slightly disappointing in terms of premium to the H-share. 
Subscriptions start on 22 December, and the IPO should launch a week later, for the largest mainland offering this year and possibly the largest in a decade.
Given the more explicit SHAREHOLDER RETURN PLAN framework published in May this year with the A-Share Circular, expect more management clarity on dividend payout.


China Mobile Prices RMB A-Share IPO - Disappointing IPO Price So A-Share Could Yield ~CGBs+230