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

Shh! SAIC's Unconditional Offer For Dongzheng (2718 HK)

SAIC’s Unconditional Offer For Dongzheng

SAIC’s Unconditional Offer For Dongzheng Now Open

Dongzheng (2718 HK): Potential Offer As ZhengTong's Stake Gets Liquidated

Dongzheng Auto Finance (东正汽车金融) IPO Review - Relaunched at Lower Price

Dongzheng Auto Finance (东正汽车金融) IPO Review - Better off Buying the Parent

Quiddity Advisors

Event-Driven

Dongzheng Automotive Finance / Event-Driven

<ul>
<li>After both stocks were suspended on the 19 April, the forced liquidation of <a href="https://www.smartkarma.com/entities/china-zhengtong-auto-services" target="_blank" data-smartkarma-citation="entities:17001:1" rel="noopener">China Zhengtong (1728 HK)</a>'s stake in <a href="https://www.smartkarma.com/entities/shanghai-dongzheng-automotive-finance-co-ltd" target="_blank" data-smartkarma-citation="entities:27984:1" rel="noopener">Dongzheng (2718 HK)</a> will occur, via auction, on the 18 May. </li>
<li>That minimum bid price is HK$1.294/share, or a 112% premium to last close.</li>
<li>ZhengTong's stake is 71.04% of shares out. A mandatory general offer - conditional or unconditional - may materialise from the auction process. </li>
</ul>


After both stocks were suspended on the 19 April, the forced liquidation of China Zhengtong (1728 HK)'s stake in Dongzheng (2718 HK) will occur, via auction, on the 18 May. 
That minimum bid price is HK$1.294/share, or a 112% premium to last close.
ZhengTong's stake is 71.04% of shares out. A mandatory general offer - conditional or unconditional - may materialise from the auction process. 


China Zhengtong Auto Services Hldg (1728 HK)

Dongzheng (2718 HK): 18th May Liquidation Of ZhengTong’s Stake