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Arbitraging in Different Time Zone for Free Lunch in Stock Market

In August last year we have demonstrated how investors can benefit from trading with news from markets in different time zone, using Hutchison Whampoa as an example how Li Ka-Shing treated savvy traders free lunch.  A few days ago, the same company again announced earnings which beat analysts’ estimates, and the same trick of buying Hutchison Whampoa ADR in US which had not reacted to the announcements which took place after market closed in Hong Kong worked again.  And this was not the only free lunch we could have benefited on the same day.  This is also not an April Fool’s Day joke.

 

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