Southeastern Reduces Melco Stake

Southeastern Asset Management (Southeastern) recently reduced their stake in HK-listed Melco International Development (Melco). According to a filing made to the Hong Kong Stock Exchange on October 10th, 2017, the firm sold 1,703,000 shares on the exchange at an average price of HKD 22.7941 per share on October 4th (total consideration was ~US$5m). Following the […]

Symphony Sells PREIT, Trims MINT

Symphony International Holdings Limited (SIHL) recently announced it completed an exit from its investment in Parkway Life Real Estate Investment Trust (“PREIT”) and made a partial exit from its investment in Minor International Pcl (“MINT”). In both cases, they were able to take advantage of higher market prices in 2017 for the shares of PREIT and […]

Marathon Increases Li Ning Stake

Marathon Asset Management LLP (Marathon) recently added to its stake in HK-listed Li Ning Company Limited (Li Ning). According to a filing submitted to the Hong Kong Stock Exchange on September 21st, 2017, the firm bought 2,579,000 shares on the exchange on September 20th at an average price of HKD 6.9469 per share (total consideration was ~US$2.3m). […]

Edgbaston Adds To Wasion

Edgbaston Investment Partners (Edgbaston) recently added to their stake in HK-listed Wasion Group Holdings (Wasion). According to a filing submitted to the Hong Kong Stock Exchange on September 19th, 2017, the firm bought 522,000 shares on the exchange at an average price of HKD 3.5521 per share on September 18th (total consideration was ~US$238k). Following the purchase, Edgbaston’s stake in […]