Abstract: We update the A+H cornerstone lock-up expiry study with 18 deals and a longer post-expiry observation window. The revised pattern is timing-driven. Early post-expiry trading was resilient, while weakness appeared later than the February note captured. A-H premium is a clear cross-sectional screen in this sample.
CNGR, SICC, NOVOSENSE, MUYUAN FOODS GROUP CO LTD-H, HANS CNC, CATL, GIGADEVICE, SANY HEAVY IND, CIG, FIBOCOM, LENS, MONTAGE TECH, JOYSON ELEC, SERES, EASTROC, WOER
Notes on upcoming lock-up expiries for recently listed Hong Kong stocks, looking at which shareholders become free to sell, how much stock is released relative to trading volume, and how comparable expiries have traded. All issues of Lock-up Expiry →
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