Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Inside is a recap of movements in the last week relating to the Hong Kong Stock-Shanghai and Shenzhen Northbound Connect facilities, broken down by company and industry. </li>
<li>Overall, net inflow was ~US$0.7bn, split between Shanghai (+US$1bn) and Shenzhen (-US$0.3bn)  </li>
<li>The largest inflows were into <a href="https://www.smartkarma.com/entities/china-yangtze-power-co-ltd" target="_blank" data-smartkarma-citation="entities:3210:1" rel="noopener">China Yangtze Power (600900 CH)</a> and <a href="https://www.smartkarma.com/entities/cosco-shipping-holdings-co-ltd-a" target="_blank" data-smartkarma-citation="entities:27590:1" rel="noopener">Cosco Shipping Holdings (601919 CH)</a>. The largest outflows were in <a href="https://www.smartkarma.com/entities/kweichow-moutai-co-ltd-a" target="_blank" data-smartkarma-citation="entities:1553:1" rel="noopener">Kweichow Moutai (600519 CH)</a>and <a href="https://www.smartkarma.com/entities/contemporary-amperex-techn-a" target="_blank" data-smartkarma-citation="entities:24404:1" rel="noopener">CATL (A) (300750 CH)</a>.</li>
</ul>


Inside is a recap of movements in the last week relating to the Hong Kong Stock-Shanghai and Shenzhen Northbound Connect facilities, broken down by company and industry. 
Overall, net inflow was ~US$0.7bn, split between Shanghai (+US$1bn) and Shenzhen (-US$0.3bn)  
The largest inflows were into China Yangtze Power (600900 CH) and Cosco Shipping Holdings (601919 CH). The largest outflows were in Kweichow Moutai (600519 CH)and CATL (A) (300750 CH).


Shanghai/​Shenzhen Northbound Connect: Weekly Moves (27 May 2022)

Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine.</li>
<li>Financial, material, consumer discretionary led the inflow of USD 1.0bn last week. </li>
<li>We highlight inflows into CMB, China Yangtze Power, BYD, Longi Green Energy, SF Holding.</li>
</ul>


We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine.
Financial, material, consumer discretionary led the inflow of USD 1.0bn last week. 
We highlight inflows into CMB, China Yangtze Power, BYD, Longi Green Energy, SF Holding.


Northbound Flows: CMB, China Yangtze Power, BYD, Longi Green Energy, SF Holding

<ul>
<li>We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine.</li>
<li>Outflows were led by material, consumer staple and industrials sector.</li>
<li>We highlight outflows from Moutai, Zijin Mining, and Great Wall Motor. </li>
</ul>


We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine.
Outflows were led by material, consumer staple and industrials sector.
We highlight outflows from Moutai, Zijin Mining, and Great Wall Motor. 


Northbound Flows: Moutai, Zijin, Great Wall Motor

<ul>
<li>We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine.</li>
<li>We highlight top inflows including CATL, Moutai, China Yangtze Power.</li>
<li>We highlight top outflows including China Merchants Bank, East Money, and Sungrow.</li>
</ul>


We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine.
We highlight top inflows including CATL, Moutai, China Yangtze Power.
We highlight top outflows including China Merchants Bank, East Money, and Sungrow.


Northbound Flows: CMB Big Sell After CEO Scandal

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

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Index Rebalance

Chubu Electric Power Co / Index Rebalance

<ul>
<li>There are 12 additions to the S&amp;P Global Clean Energy Index for Asia. The changes were announced on 8 April and will be implemented at the close on 22 April.</li>
<li>Largest inflows are on <a href="https://www.smartkarma.com/entities/chubu-electric-power-co-inc" target="_blank" data-smartkarma-citation="entities:14574:1" rel="noopener">Chubu Electric Power</a>, <a href="https://www.smartkarma.com/entities/china-yangtze-power-co-ltd" target="_blank" data-smartkarma-citation="entities:3210:1" rel="noopener">China Yangtze Power</a>, <a href="https://www.smartkarma.com/entities/adani-green-energy-ltd" target="_blank" data-smartkarma-citation="entities:29012:1" rel="noopener">Adani Green Energy</a>, <a href="https://www.smartkarma.com/entities/energy-absolute-pcl" target="_blank" data-smartkarma-citation="entities:10377:1" rel="noopener">Energy Absolute</a>, <a href="https://www.smartkarma.com/entities/longi-green-energy-technology-co-ltd" target="_blank" data-smartkarma-citation="entities:12703:1" rel="noopener">LONGi Green Energy Technology</a>, <a href="https://www.smartkarma.com/entities/ja-solar-technology-co-ltd" target="_blank" data-smartkarma-citation="entities:16597:1" rel="noopener">JA Solar Technology</a>, <a href="https://www.smartkarma.com/entities/tianjin-zhonghuan-semiconductor-co-ltd" target="_blank" data-smartkarma-citation="entities:6791:1" rel="noopener">Tianjin Zhonghuan Semiconductor</a> and <a href="https://www.smartkarma.com/entities/sungrow-power-supply-co-ltd" target="_blank" data-smartkarma-citation="entities:4255:1" rel="noopener">Sungrow Power Supply</a>.</li>
<li>The largest outflows are expected on <a href="https://www.smartkarma.com/entities/meridian-ener-partly-paid-sh" target="_blank" data-smartkarma-citation="entities:4327:1" rel="noopener">Meridian Energy (MEL NZ)</a>, <a href="https://www.smartkarma.com/entities/contact-energy-ltd" target="_blank" data-smartkarma-citation="entities:13136:1" rel="noopener">Contact Energy (CEN NZ)</a> and <a href="https://www.smartkarma.com/entities/xinyi-energy-holdings-ltd" target="_blank" data-smartkarma-citation="entities:27808:1" rel="noopener">Xinyi Energy Holdings Ltd (3868 HK)</a>. </li>
</ul>


There are 12 additions to the S&amp;P Global Clean Energy Index for Asia. The changes were announced on 8 April and will be implemented at the close on 22 April.
Largest inflows are on Chubu Electric Power, China Yangtze Power, Adani Green Energy, Energy Absolute, LONGi Green Energy Technology, JA Solar Technology, Tianjin Zhonghuan Semiconductor and Sungrow Power Supply.
The largest outflows are expected on Meridian Energy (MEL NZ), Contact Energy (CEN NZ) and Xinyi Energy Holdings Ltd (3868 HK). 


S&P Global Clean Energy Index: Changes for Asia & Impact

China

China Yangtze Power Company Ltd. owns the Gezhouba Power Station and the Three Gorges Power Station. The Company generates hydroelectric power, which is supplied to central China, east China, Guangdong province, Chongqing city, and other areas.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

China Yangtze Power Co, Ltd. (600900 CH)

Shanghai/Shenzhen Northbound Connect: Weekly Moves (27 May 2022)

Overall, net inflow was ~US$0.7bn, split between Shanghai (+US$1bn) and Shenzhen (-US$0.3bn) The largest inflow was into China Yangtze (600900...

David Blennerhassett

Northbound Flows: CMB, China Yangtze Power, BYD, Longi Green Energy, SF Holding

We highlight weekly northbound inflows into China Merchant Bank, China Yangtze Power, BYD, Longi Green Energy, SF Holding, and outflows from...

Ke Yan, CFA, FRM

Northbound Flows: Moutai, Zijin, Great Wall Motor

We highlight northbound top weekly outflows last week: Kweichow Moutai (600519 CH), Zijin Mining (601899 CH), and Great Wall Motor (601633 CH).

Ke Yan, CFA, FRM

Northbound Flows: CMB Big Sell After CEO Scandal

We highlight top northbound inflows including CATL, Moutai, China Yangtze Power and top outflows including China Merchants Bank, East Money, and...

Ke Yan, CFA, FRM

S&P Global Clean Energy Index: Changes for Asia & Impact

There are 12 adds for Asia as a part of the S&P Global Clean Energy Index rebal, plus other changes. There have not been any big price moves since...

Brian Freitas

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Shanghai/​Shenzhen Northbound Connect: Weekly Moves (27 May 2022)

Overall, net inflow was ~US$0.7bn, split between Shanghai (+US$1bn) and Shenzhen (-US$0.3bn) The largest inflow was into China Yangtze (600900...

David Blennerhassett

Northbound Flows: CMB, China Yangtze Power, BYD, Longi Green Energy, SF Holding

We highlight weekly northbound inflows into China Merchant Bank, China Yangtze Power, BYD, Longi Green Energy, SF Holding, and outflows from...

Ke Yan, CFA, FRM

Northbound Flows: Moutai, Zijin, Great Wall Motor

We highlight northbound top weekly outflows last week: Kweichow Moutai (600519 CH), Zijin Mining (601899 CH), and Great Wall Motor (601633 CH).

Ke Yan, CFA, FRM

Northbound Flows: CMB Big Sell After CEO Scandal

We highlight top northbound inflows including CATL, Moutai, China Yangtze Power and top outflows including China Merchants Bank, East Money, and...

Ke Yan, CFA, FRM

S&P Global Clean Energy Index: Changes for Asia & Impact

There are 12 adds for Asia as a part of the S&P Global Clean Energy Index rebal, plus other changes. There have not been any big price moves since...

Brian Freitas

Shanghai/Shenzhen Northbound Connect: Weekly Moves (27 May 2022)