{"id":43832,"date":"2024-02-29T02:58:25","date_gmt":"2024-02-29T07:58:25","guid":{"rendered":"https:\/\/allianceadvisors.com\/case-study-hong-kong-listed-company-experiencing-extraordinary-share-volatility\/"},"modified":"2025-03-17T17:26:43","modified_gmt":"2025-03-17T21:26:43","slug":"hong-kong-share-volatility","status":"publish","type":"post","link":"https:\/\/allianceadvisors.com\/zh-hans\/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=&rdquo;true&rdquo;][vc_column]<style>.vcex-heading.vcex_687919a31e816{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_687919a31e816\"><span class=\"vcex-heading-inner wpex-inline-block\">Assignment and Challenges<\/span><\/h2>[\/vc_column][\/vc_row][vc_row css=&rdquo;.vc_custom_1682408560766{background-color: #eaeaea !important;}&rdquo;][vc_column][vc_column_text css=&rdquo;.vc_custom_1742246763389{padding-top: 30px !important;padding-right: 30px !important;padding-bottom: 30px !important;padding-left: 30px !important;}&rdquo;]Our client, a Beijing headquartered financial service holding company retained Ñî¹óåú´«Ã½ 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 Ñî¹óåú´«Ã½ to focus on two specific dates of extraordinary activity.[\/vc_column_text][\/vc_column][\/vc_row][vc_row equal_height=&rdquo;yes&rdquo;][vc_column]<\/p><div class=\"vcex-spacing wpex-w-100 wpex-clear\" style=\"height:25px;\"><\/div>[\/vc_column][\/vc_row][vc_row equal_height=&rdquo;yes&rdquo; disable_element=&rdquo;yes&rdquo; remove_bottom_col_margin=&rdquo;true&rdquo; css=&rdquo;.vc_custom_1709193429949{margin-bottom: -15px !important;}&rdquo;][vc_column]<style>.vcex-heading.vcex_687919a31f8d5{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_687919a31f8d5\"><span class=\"vcex-heading-inner wpex-inline-block\">Solution<\/span><\/h2>[vc_column_text css=&rdquo;.vc_custom_1694593041680{padding-top: 30px !important;padding-right: 30px !important;padding-bottom: 30px !important;padding-left: 30px !important;background-color: #eaeaea !important;}&rdquo; el_class=&rdquo;equal-height-content&rdquo;]Knowing that this vote would be a challenge, Ñî¹óåú´«Ã½ 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.com\/zh-hans\/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.com\/zh-hans\/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.com\/zh-hans\/glossary-index\/institutional-investor\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\" data-link=\"https:\/\/allianceadvisors.com\/zh-hans\/glossary-index\/institutional-investor\/\" href=\"https:\/\/allianceadvisors.com\/zh-hans\/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, Ñî¹óåú´«Ã½ 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.com\/zh-hans\/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.com\/zh-hans\/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.com\/zh-hans\/glossary-index\/custodian\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\"  data-link=\"https:\/\/allianceadvisors.com\/zh-hans\/glossary-index\/custodian\/\"  href=\"https:\/\/allianceadvisors.com\/zh-hans\/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.com\/zh-hans\/%e8%81%94%e7%b3%bb%e6%96%b9%e5%bc%8f\/&amp;quot;&gt;&#32852;&#31995;&#26041;&#24335;&lt;\/a&gt;&lt;\/li&gt;&lt;li class=&amp;quot;cmtt_related_item&amp;quot;&gt;&lt;a href=&amp;quot;https:\/\/allianceadvisors.com\/zh-hans\/from-risk-to-resilience-the-role-of-climate-disclosure-and-scenario-analyses-for-companies\/&amp;quot;&gt;From Risk to Resilience: The Role of Climate Disclosure and Scenario Analyses for Companies&lt;\/a&gt;&lt;\/li&gt;&lt;\/ul&gt;&lt;\/div&gt;&lt;div class=glossaryTooltipMoreLinkWrapper&gt;&lt;a class=glossaryTooltipMoreLink href=https:\/\/allianceadvisors.com\/zh-hans\/glossary-index\/shareholder-engagement\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\" data-link=\"https:\/\/allianceadvisors.com\/zh-hans\/glossary-index\/shareholder-engagement\/\" href=\"https:\/\/allianceadvisors.com\/zh-hans\/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.com\/zh-hans\/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.com\/zh-hans\/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.com\/zh-hans\/glossary-index\/email-voting\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\"  data-link=\"https:\/\/allianceadvisors.com\/zh-hans\/glossary-index\/email-voting\/\"  href=\"https:\/\/allianceadvisors.com\/zh-hans\/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.com\/zh-hans\/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.com\/zh-hans\/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.com\/zh-hans\/glossary-index\/telephone-voting\/ &gt;Read more...&lt;\/a&gt;&lt;\/div&gt;\" data-link=\"https:\/\/allianceadvisors.com\/zh-hans\/glossary-index\/telephone-voting\/\" href=\"https:\/\/allianceadvisors.com\/zh-hans\/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=&rdquo;yes&rdquo; remove_bottom_col_margin=&rdquo;true&rdquo; css=&rdquo;.vc_custom_1682414370373{margin-bottom: -15px !important;}&rdquo;][vc_column]<style>.vcex-heading.vcex_687919a3200e7{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_687919a3200e7\"><span class=\"vcex-heading-inner wpex-inline-block\">Results<\/span><\/h2>[vc_column_text css=&rdquo;.vc_custom_1709198146596{padding-top: 30px !important;padding-right: 30px !important;padding-bottom: 30px !important;padding-left: 30px !important;background-color: #eaeaea !important;}&rdquo;]Using our proprietary data base of institutional investors, Ñî¹óåú´«Ã½ 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":43439,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[223],"tags":[420],"post_series":[],"ppma_author":[459],"class_list":["post-43832","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-case-studies-zh-hans","tag-institutional-investor-intelligence-zh-hans","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.com\/zh-hans\/wp-json\/wp\/v2\/posts\/43832","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/comments?post=43832"}],"version-history":[{"count":4,"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/posts\/43832\/revisions"}],"predecessor-version":[{"id":56512,"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/posts\/43832\/revisions\/56512"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/media\/43439"}],"wp:attachment":[{"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/media?parent=43832"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/categories?post=43832"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/tags?post=43832"},{"taxonomy":"post_series","embeddable":true,"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/post_series?post=43832"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/allianceadvisors.com\/zh-hans\/wp-json\/wp\/v2\/ppma_author?post=43832"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}