Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Index Rebalance

Beijing Roborock Technology  / Index Rebalance

Yesterday evening post market close, the Shanghai Stock Exchange and China Securities Index Company announced the changes to the <a href="https://www.smartkarma.com/entities/sse-science-and-technology-innovation-board-50-index" target="_blank" data-smartkarma-citation="entities:29279:1" rel="noopener">SSE STAR 50 (STAR50 INDEX)</a>. The changes will be effective after the close of trading on 11 December.The  inclusions are <a href="https://www.smartkarma.com/entities/national-silicon-industry-a" target="_blank" data-smartkarma-citation="entities:30349:1" rel="noopener">National Silicon Industry -A (688126 CH)</a>, <a href="https://www.smartkarma.com/entities/beijing-roborock-technolog-a" target="_blank" data-smartkarma-citation="entities:30358:1" rel="noopener">Beijing Roborock Technolog-A (688169 CH)</a>, <a href="https://www.smartkarma.com/entities/autel-intelligent-technolo-a" target="_blank" data-smartkarma-citation="entities:30369:1" rel="noopener">Autel Intelligent Technolo-A (688208 CH)</a>, <a href="https://www.smartkarma.com/entities/china-resources-microelect-a" target="_blank" data-smartkarma-citation="entities:30396:1" rel="noopener">China Resources Microelect-A (688396 CH)</a> and SMIC (688981 CH).The deletions are <a href="https://www.smartkarma.com/entities/suzhou-harmontronics-autom-a" target="_blank" data-smartkarma-citation="entities:30315:1" rel="noopener">Suzhou Harmontronics Autom-A (688022 CH)</a>, <a href="https://www.smartkarma.com/entities/beijing-worldia-diamond-tools" target="_blank" data-smartkarma-citation="entities:30319:1" rel="noopener">Beijing Worldia Diamond Tools (688028 CH)</a>, <a href="https://www.smartkarma.com/entities/beijing-tianyishangjia-new-a" target="_blank" data-smartkarma-citation="entities:30322:1" rel="noopener">Beijing Tianyishangjia New-A (688033 CH)</a>, <a href="https://www.smartkarma.com/entities/beijing-baolande-software-a" target="_blank" data-smartkarma-citation="entities:30327:1" rel="noopener">Beijing Baolande Software-A (688058 CH)</a> and <a href="https://www.smartkarma.com/entities/beijing-abt-networks-co-ltd" target="_blank" data-smartkarma-citation="entities:30357:1" rel="noopener">Beijing ABT Networks Co Ltd (688168 CH)</a>.With a little more than CNY 21bn benchmarked to the <a href="https://www.smartkarma.com/entities/sse-science-and-technology-innovation-board-50-index" target="_blank" data-smartkarma-citation="entities:29279:1" rel="noopener">SSE STAR 50 (STAR50 INDEX)</a>, there is quite an impact expected on a few stocks. One-way turnover is close to 30% and the funding flow will impact quite a few index constituents with over 1.5 days of ADV to sell. There are only 11 trading days to implementation and we do not expect a lot of pre-positions have been built up on the stocks.

Yesterday evening post market close, the Shanghai Stock Exchange and China Securities Index Company announced the changes to the SSE STAR 50 (STAR50 INDEX). The changes will be effective after the close of trading on 11 December.The  inclusions are National Silicon Industry -A (688126 CH), Beijing Roborock Technolog-A (688169 CH), Autel Intelligent Technolo-A (688208 CH), China Resources Microelect-A (688396 CH) and SMIC (688981 CH).The deletions are Suzhou Harmontronics Autom-A (688022 CH), Beijing Worldia Diamond Tools (688028 CH), Beijing Tianyishangjia New-A (688033 CH), Beijing Baolande Software-A (688058 CH) and Beijing ABT Networks Co Ltd (688168 CH).With a little more than CNY 21bn benchmarked to the SSE STAR 50 (STAR50 INDEX), there is quite an impact expected on a few stocks. One-way turnover is close to 30% and the funding flow will impact quite a few index constituents with over 1.5 days of ADV to sell. There are only 11 trading days to implementation and we do not expect a lot of pre-positions have been built up on the stocks.

STAR 50 Index Rebalance: We Thought BIG, Turns Out Its BIGGER

China

Autel Intelligent Technology Corp., Ltd manufactures automobile equipment. The Company produces automotive diagnostic and analysis systems, automotive key tools, electrical testers, code readers and scanners, and other relates equipment. Autel Intelligent Technology markets its products worldwide.

Autel Intelligent Technology C (688208 CH)

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STAR 50 Index Rebalance: We Thought BIG, Turns Out Its BIGGER

The second rebalance of the STAR50 index is going be BIG with 5 additions/deletions and one-way turnover of 30%. We do not expect a lot of pre...

Brian Freitas