{"id":43836,"date":"2024-02-29T02:58:25","date_gmt":"2024-02-29T07:58:25","guid":{"rendered":"https:\/\/allianceadvisors.org\/case-study-hong-kong-listed-company-experiencing-extraordinary-share-volatility\/"},"modified":"2025-03-17T17:26:47","modified_gmt":"2025-03-17T21:26:47","slug":"hong-kong-share-volatility","status":"publish","type":"post","link":"https:\/\/allianceadvisors.org\/es\/hong-kong-share-volatility\/","title":{"rendered":"Case Study: Hong Kong Listed Company Experiencing Extraordinary Share Volatility"},"content":{"rendered":"<div class=\"wpb-content-wrapper\">[vc_row remove_bottom_col_margin=&raquo;true&raquo;][vc_column]<style>.vcex-heading.vcex_68e44a2b15f81{color:#ffffff;background-color:#393939;}<\/style><h2 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-px-30 wpex-py-30 wpex-text-center vcex_68e44a2b15f81\"><span class=\"vcex-heading-inner wpex-inline-block\">Assignment and Challenges<\/span><\/h2>[\/vc_column][\/vc_row][vc_row css=&raquo;.vc_custom_1682408560766{background-color: #eaeaea !important;}&raquo;][vc_column][vc_column_text css=&raquo;.vc_custom_1742246763389{padding-top: 30px !important;padding-right: 30px !important;padding-bottom: 30px !important;padding-left: 30px !important;}&raquo;]Our client, a Beijing headquartered financial service holding company retained Alliance Advisors to conduct an ownership intelligence analysis to determine the cause of extreme Hong Kong Share Volatility in their stock.\n<p>The company had a new IR team on board, and they wanted to get information on which institutions were the source of the unusual buying and selling activity. They asked Alliance Advisors to focus on two specific dates of extraordinary activity.[\/vc_column_text][\/vc_column][\/vc_row][vc_row equal_height=&raquo;yes&raquo;][vc_column]<\/p><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div>[\/vc_column][\/vc_row][vc_row equal_height=&raquo;yes&raquo; disable_element=&raquo;yes&raquo; remove_bottom_col_margin=&raquo;true&raquo; css=&raquo;.vc_custom_1709193429949{margin-bottom: -15px !important;}&raquo;][vc_column]<style>.vcex-heading.vcex_68e44a2b17137{color:#ffffff;background-color:#393939;}<\/style><h2 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-px-30 wpex-py-30 wpex-text-center vcex_68e44a2b17137\"><span class=\"vcex-heading-inner wpex-inline-block\">Solution<\/span><\/h2>[vc_column_text css=&raquo;.vc_custom_1694593041680{padding-top: 30px !important;padding-right: 30px !important;padding-bottom: 30px !important;padding-left: 30px !important;background-color: #eaeaea !important;}&raquo; el_class=&raquo;equal-height-content&raquo;]Knowing that this vote would be a challenge, Alliance Advisors brought three internal teams to the solicitation: Shareholder Meeting Advisory, <a class=\"glossaryLink cmtt_AGM (Annual General Meeting) and EGM (Extraordinary General Meeting)\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Institutional Investor&lt;\/div&gt;&lt;div class=glossaryItemBody&gt; A professional investor or organization that invests large sums of money in financial markets...&lt;\/div&gt;&lt;div id=&amp;quot;cmtt_related_articles&amp;quot; class=&amp;quot;cmtt_related_articles_wrapper&amp;quot;&gt;&lt;div class=&amp;quot;cmtt_related_title cmtt_related_articles_title&amp;quot;&gt;Related Articles: &lt;\/div&gt;&lt;ul class=&amp;quot;cmtt_related&amp;quot;&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.org\/es\/compensation-advisory-case-study\/&amp;quot;&gt;Case Study: Previously, Failed Say on Pay Proposal Compensation Advisory, Shareholder Meeting Advisory&lt;\/a&gt;&lt;\/li&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.org\/es\/apac-power-generation-company\/&amp;quot;&gt;Case Study: EGM &amp;#8211; Shareholder Engagement&lt;\/a&gt;&lt;\/li&gt;&lt;\/ul&gt;&lt;\/div&gt;&lt;div class=glossaryTooltipMoreLinkWrapper&gt;&lt;a class=glossaryTooltipMoreLink href=https:\/\/allianceadvisors.org\/es\/glossary-index\/institutional-investor\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\" data-link=\"https:\/\/allianceadvisors.org\/es\/glossary-index\/institutional-investor\/\" href=\"https:\/\/allianceadvisors.org\/es\/glossary-index\/institutional-investor\/\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">Institutional Investor<\/a> Intelligence and Retail Outreach.\n<p>At the onset, our Institutional Investor team began identifying all of the financial institutions, custodial relationships, and beneficial shareholders present on the Non-Objecting Beneficial Owners (NOBO) list. Using our proprietary data, Alliance Advisors was able to precisely identify the underlying investors behind each <a class=\"glossaryLink cmtt_Custodian\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Custodian&lt;\/div&gt;&lt;div class=glossaryItemBody&gt; A financial institution or bank that holds and safeguards financial assets, such as stocks,...&lt;\/div&gt;&lt;div id=&amp;quot;cmtt_related_articles&amp;quot; class=&amp;quot;cmtt_related_articles_wrapper&amp;quot;&gt;&lt;div class=&amp;quot;cmtt_related_title cmtt_related_articles_title&amp;quot;&gt;Related Articles: &lt;\/div&gt;&lt;ul class=&amp;quot;cmtt_related&amp;quot;&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.org\/es\/compensation-advisory-case-study\/&amp;quot;&gt;Case Study: Previously, Failed Say on Pay Proposal Compensation Advisory, Shareholder Meeting Advisory&lt;\/a&gt;&lt;\/li&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.org\/es\/apac-power-generation-company\/&amp;quot;&gt;Case Study: EGM &amp;#8211; Shareholder Engagement&lt;\/a&gt;&lt;\/li&gt;&lt;\/ul&gt;&lt;\/div&gt;&lt;div class=glossaryTooltipMoreLinkWrapper&gt;&lt;a class=glossaryTooltipMoreLink href=https:\/\/allianceadvisors.org\/es\/glossary-index\/custodian\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\"  data-link=\"https:\/\/allianceadvisors.org\/es\/glossary-index\/custodian\/\"  href=\"https:\/\/allianceadvisors.org\/es\/glossary-index\/custodian\/\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>custodian<\/a>.<\/p>\n<p>Once the institutional investors were identified, our <a class=\"glossaryLink cmtt_Institutional Shareholder Engagement\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Shareholder Engagement&lt;\/div&gt;&lt;div class=glossaryItemBody&gt; The process of establishing and maintaining communication and relationships between...&lt;\/div&gt;&lt;div id=&amp;quot;cmtt_related_articles&amp;quot; class=&amp;quot;cmtt_related_articles_wrapper&amp;quot;&gt;&lt;div class=&amp;quot;cmtt_related_title cmtt_related_articles_title&amp;quot;&gt;Related Articles: &lt;\/div&gt;&lt;ul class=&amp;quot;cmtt_related&amp;quot;&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.org\/es\/contacto\/&amp;quot;&gt;Contacto&lt;\/a&gt;&lt;\/li&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.org\/es\/compensation-advisory-case-study\/&amp;quot;&gt;Case Study: Previously, Failed Say on Pay Proposal Compensation Advisory, Shareholder Meeting Advisory&lt;\/a&gt;&lt;\/li&gt;&lt;\/ul&gt;&lt;\/div&gt;&lt;div class=glossaryTooltipMoreLinkWrapper&gt;&lt;a class=glossaryTooltipMoreLink href=https:\/\/allianceadvisors.org\/es\/glossary-index\/shareholder-engagement\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\" data-link=\"https:\/\/allianceadvisors.org\/es\/glossary-index\/shareholder-engagement\/\" href=\"https:\/\/allianceadvisors.org\/es\/glossary-index\/shareholder-engagement\/\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">shareholder engagement<\/a> team began the outreach process to obtain voting instructions. Simultaneously, our Retail Outreach team began soliciting retail shareholders to facilitate telephone, text and <a class=\"glossaryLink cmtt_Retail Shareholder Solicitation\"  aria-describedby=\"tt\"  data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Email Voting&lt;\/div&gt;&lt;div class=glossaryItemBody&gt; Email Voting is the process by which registered and NOBO shareholders are emailed with specific...&lt;\/div&gt;&lt;div id=&amp;quot;cmtt_related_articles&amp;quot; class=&amp;quot;cmtt_related_articles_wrapper&amp;quot;&gt;&lt;div class=&amp;quot;cmtt_related_title cmtt_related_articles_title&amp;quot;&gt;Related Articles: &lt;\/div&gt;&lt;ul class=&amp;quot;cmtt_related&amp;quot;&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.org\/es\/compensation-advisory-case-study\/&amp;quot;&gt;Case Study: Previously, Failed Say on Pay Proposal Compensation Advisory, Shareholder Meeting Advisory&lt;\/a&gt;&lt;\/li&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.org\/es\/apac-power-generation-company\/&amp;quot;&gt;Case Study: EGM &amp;#8211; Shareholder Engagement&lt;\/a&gt;&lt;\/li&gt;&lt;\/ul&gt;&lt;\/div&gt;&lt;div class=glossaryTooltipMoreLinkWrapper&gt;&lt;a class=glossaryTooltipMoreLink href=https:\/\/allianceadvisors.org\/es\/glossary-index\/email-voting\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\"  data-link=\"https:\/\/allianceadvisors.org\/es\/glossary-index\/email-voting\/\"  href=\"https:\/\/allianceadvisors.org\/es\/glossary-index\/email-voting\/\"  data-mobile-support=\"0\"  data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex='0' role='link'>email voting<\/a>.<\/p>\n<p>Both groups use a combination of our proprietary text-to-vote, email-to-vote and live <a class=\"glossaryLink cmtt_Retail Shareholder Solicitation\" aria-describedby=\"tt\" data-cmtooltip=\"&lt;div class=glossaryItemTitle&gt;Telephone Voting&lt;\/div&gt;&lt;div class=glossaryItemBody&gt; Telephone Voting is the process by which registered and NOBO shareholders cast their votes over...&lt;\/div&gt;&lt;div id=&amp;quot;cmtt_related_articles&amp;quot; class=&amp;quot;cmtt_related_articles_wrapper&amp;quot;&gt;&lt;div class=&amp;quot;cmtt_related_title cmtt_related_articles_title&amp;quot;&gt;Related Articles: &lt;\/div&gt;&lt;ul class=&amp;quot;cmtt_related&amp;quot;&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.org\/es\/compensation-advisory-case-study\/&amp;quot;&gt;Case Study: Previously, Failed Say on Pay Proposal Compensation Advisory, Shareholder Meeting Advisory&lt;\/a&gt;&lt;\/li&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.org\/es\/apac-power-generation-company\/&amp;quot;&gt;Case Study: EGM &amp;#8211; Shareholder Engagement&lt;\/a&gt;&lt;\/li&gt;&lt;\/ul&gt;&lt;\/div&gt;&lt;div class=glossaryTooltipMoreLinkWrapper&gt;&lt;a class=glossaryTooltipMoreLink href=https:\/\/allianceadvisors.org\/es\/glossary-index\/telephone-voting\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\" data-link=\"https:\/\/allianceadvisors.org\/es\/glossary-index\/telephone-voting\/\" href=\"https:\/\/allianceadvisors.org\/es\/glossary-index\/telephone-voting\/\" data-mobile-support=\"0\" data-gt-translate-attributes='[{\"attribute\":\"data-cmtooltip\", \"format\":\"html\"}]' tabindex=\"0\" role=\"link\">telephone voting<\/a> platforms. These technologies are designed to allow us to gather votes from both the institutional and retail shares, down to the smallest shareholder.[\/vc_column_text][\/vc_column][\/vc_row][vc_row equal_height=&raquo;yes&raquo; remove_bottom_col_margin=&raquo;true&raquo; css=&raquo;.vc_custom_1682414370373{margin-bottom: -15px !important;}&raquo;][vc_column]<style>.vcex-heading.vcex_68e44a2b17bb3{color:#ffffff;background-color:#393939;}<\/style><\/p><h2 class=\"vcex-heading vcex-heading-plain vcex-module wpex-heading wpex-text-2xl wpex-px-30 wpex-py-30 wpex-text-center vcex_68e44a2b17bb3\"><span class=\"vcex-heading-inner wpex-inline-block\">Results<\/span><\/h2>[vc_column_text css=&raquo;.vc_custom_1709198146596{padding-top: 30px !important;padding-right: 30px !important;padding-bottom: 30px !important;padding-left: 30px !important;background-color: #eaeaea !important;}&raquo;]Using our proprietary data base of institutional investors, Alliance Advisors were able to identify both the buyers and sellers in less than two weeks and were able to provide rolling updates based on custodial disclosure.\n<p>We were able to identify several institutional and broker accounts responsible for selling, and specific retail accounts connected to retail stockbrokers responsible for buying.<\/p>\n<p>Armed with this Investor Intelligence, the companies&rsquo; IR team began engagement and outreach to specific shareholders. This information was critical to managing communications into the market.[\/vc_column_text][\/vc_column][\/vc_row]\n<\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Hong Kong Stock Exchange listed Financial Services Holding Company<\/p>\n","protected":false},"author":9,"featured_media":43443,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[224],"tags":[423],"post_series":[],"ppma_author":[459],"class_list":["post-43836","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies-es","tag-institutional-investor-intelligence-es","entry","has-media"],"authors":[{"term_id":459,"user_id":9,"is_guest":0,"slug":"nthomas","display_name":"Nick Thomas","avatar_url":"https:\/\/secure.gravatar.com\/avatar\/b13c51d67934aa5957c1ce7fa0b768b9bfe3a377d9d110466cd3131b1c32362a?s=96&d=mm&r=g","author_category":"","first_name":"Nick","last_name":"Thomas","user_url":"https:\/\/www.grid24.co.uk\/","job_title":"","description":""}],"_links":{"self":[{"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/posts\/43836","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/comments?post=43836"}],"version-history":[{"count":4,"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/posts\/43836\/revisions"}],"predecessor-version":[{"id":56516,"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/posts\/43836\/revisions\/56516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/media\/43443"}],"wp:attachment":[{"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/media?parent=43836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/categories?post=43836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/tags?post=43836"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/post_series?post=43836"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/allianceadvisors.org\/es\/wp-json\/wp\/v2\/ppma_author?post=43836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}