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

StubWorld: Troubling Signs For NWD (17 HK)

Quiddity Advisors

Event-Driven

<ul>
<li>Evidently the influence of a younger hip third-generation tycoon-scion was not the panacea for <strong><a href="https://www.smartkarma.com/entities/new-world-development" target="_blank" data-smartkarma-citation="entities:7037:1" rel="noopener">New World Development (17 HK)</a> </strong>and its ongoing issues in the HK/China property space.</li>
<li>As widely expected, Adrian Cheng is stepping down as NWD's CEO, to be replaced by Eric Ma,  Hong Kong’s former secretary for development.</li>
<li>NWD will also sell the rights to provide property management services under the K11 brand to Adrian; and potentially sell its stake in Kai Tak Sports Park to its parent.</li>
</ul>


Evidently the influence of a younger hip third-generation tycoon-scion was not the panacea for New World Development (17 HK) and its ongoing issues in the HK/China property space.
As widely expected, Adrian Cheng is stepping down as NWD's CEO, to be replaced by Eric Ma,  Hong Kong’s former secretary for development.
NWD will also sell the rights to provide property management services under the K11 brand to Adrian; and potentially sell its stake in Kai Tak Sports Park to its parent.


Far East Consortium International (35 HK)

New World Development

New World Dev (17 HK): Board Games