Last Week in Event SPACE: Pharmaron, TOPIX Reorganisation, 2019 M&A Round-Up

Last Week in Event SPACE ...

• At a 33% A-H premium, there should be upside for Pharmaron Beijing Co Ltd-H (3759 HK)'s H shares when referenced to WuXi AppTec Co. Ltd. (2359 HK)'s A-H share prices.
• If it comes out the way the TSE paper and articles moot, for the vast majority of investors there will be nothing to do under the forthcoming market structure comprising Prime, Standard, and Growth sections.
• SDIC Power pulls its potential GDR Offering on the LSE. Widespread market reports of the CSRC suspending the Shanghai-London Connect scheme are subsequently denied by the CSRC.
• Of the 145 M&A transactions discussed by Smartkarma insight providers in 2019, the average premium offered was 31.5%.
• Plus, other events, CCASS movements and Mood Spins.

(This insight covers specific insights & comments involving Stubs, Pairs, Arbitrage, share Classifications, and Events - or SPACE - in the past week)