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

A/H Premium Tracker (To 25 Oct 2024): AH Premia Curve Shift, Wide Premia Brokers Bounce

HK Connect SOUTHBOUND Flows (To 1 Nov 2024); High-Div SOEs Sold, Tech Bought

A/H Premium Tracker (To 1 Nov 2024): AH Premia Higher as A-Share Tech Underperforms

HK Connect SOUTHBOUND Flows (To 18 Oct 2024); Net Flows Big, Selling in Brokers, Buying in Props

Quiddity Leaderboard Hang Seng Index Dec 24: Special Focus on IT, Healthcare, and SOEs

Quiddity Leaderboard BSE/​​​​SENSEX Dec 24: Some Changes to Expectations + Zomato Question Mark

TOPIX Inclusions: Who Is Ready (Oct 2024)

Quiddity Advisors

Event-Driven

Semiconductor Manufacturing International Corp (SMIC) / Event-Driven

Semiconductor Manufacturing International Corp (SMIC) (981 HK)

Semiconductor Manufacturing International Corp (SMIC)

<ul>
<li>SOUTHBOUND had a huge week on a net basis on smallest gross in weeks. Last week I said I expected High-div SOEs to continue being sold. They were sold again.</li>
<li>Consumer Discretionary, Healthcare, Utilities saw big buying as a percentage of volume traded. Only China Mobile and CNOOC were net sold. Even <a href="https://www.smartkarma.com/entities/china-traditional-chinese-medicine" target="_blank" data-smartkarma-citation="entities:351:1" rel="noopener">China Traditional Chinese Medicine (570 HK)</a> was bought.</li>
<li>There is clearly a HK Risk On angle to the flows this week and last.</li>
</ul>


SOUTHBOUND had a huge week on a net basis on smallest gross in weeks. Last week I said I expected High-div SOEs to continue being sold. They were sold again.
Consumer Discretionary, Healthcare, Utilities saw big buying as a percentage of volume traded. Only China Mobile and CNOOC were net sold. Even China Traditional Chinese Medicine (570 HK) was bought.
There is clearly a HK Risk On angle to the flows this week and last.


China Traditional Chinese Medicine (570 HK)

Gcl Poly Energy Holdings Limited (3800 HK)

China Petroleum & Chemical Cor (600028 CH)

HK Connect SOUTHBOUND Flows (To 25 Oct 2024); Everything Bought in BIG Week