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

<ul>
<li>
<a href="https://www.smartkarma.com/entities/lianyou-metals-co-ltd" target="_blank" data-smartkarma-citation="entities:44886:1" rel="noopener">Lianyou Metals (7610 TT)</a>, <a href="https://www.smartkarma.com/entities/sanxiang-advanced-material-a" target="_blank" data-smartkarma-citation="entities:30188:1" rel="noopener">Sanxiang Advanced Material-A (603663 CH)</a> and <a href="https://www.smartkarma.com/entities/elevra-lithium-limited" target="_blank" data-smartkarma-citation="entities:1589:1" rel="noopener">Elevra Lithium (ELVR US)</a> will be added to the <a href="https://www.smartkarma.com/entities/vaneck-rare-earth-strategic-me" target="_blank" data-smartkarma-citation="entities:32320:1" rel="noopener">VanEck Rare Earth/Strategic Me (REMX US)</a> in June.</li>
<li>The constituent changes, float changes and capping changes result in an estimated one-way turnover of 9.6% and in a round-trip trade of US$840m.</li>
<li>All the adds have moved higher with huge price spikes in <a href="https://www.smartkarma.com/entities/lianyou-metals-co-ltd" target="_blank" data-smartkarma-citation="entities:44886:1" rel="noopener">Lianyou Metals (7610 TT)</a> and <a href="https://www.smartkarma.com/entities/sanxiang-advanced-material-a" target="_blank" data-smartkarma-citation="entities:30188:1" rel="noopener">Sanxiang Advanced Material-A (603663 CH)</a> recently.</li>
</ul>



Lianyou Metals (7610 TT), Sanxiang Advanced Material-A (603663 CH) and Elevra Lithium (ELVR US) will be added to the VanEck Rare Earth/Strategic Me (REMX US) in June.
The constituent changes, float changes and capping changes result in an estimated one-way turnover of 9.6% and in a round-trip trade of US$840m.
All the adds have moved higher with huge price spikes in Lianyou Metals (7610 TT) and Sanxiang Advanced Material-A (603663 CH) recently.


MV Global Rare Earth/​​​​​Strategic Metals Index Rebalance: 3 Adds and Other Changes; US$840m Trade

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>Australia's ASIC releases the aggregated short position data four business days after the reporting day. Data in this insight is up to 18th May, published on the 22nd May.</li>
<li>The largest industry net increase in the past week was just A$49mn into "Industrial REITs"; the largest net decrease was A$531mn out of "Diversified Banks". Net shorts fell A$1.6bn week-on-week.</li>
<li>Companies mentioned in this regular weekly report include: <a href="https://www.smartkarma.com/entities/insurance-australia-group-ltd" target="_blank" data-smartkarma-citation="entities:712:1" rel="noopener">Insurance Australia (IAG AU)</a>, <a href="https://www.smartkarma.com/entities/4dmedical-ltd" target="_blank" data-smartkarma-citation="entities:30789:1" rel="noopener">4DMedical (4DX AU)</a>, <a href="https://www.smartkarma.com/entities/the-lottery-corp-ltd" target="_blank" data-smartkarma-citation="entities:35970:1" rel="noopener">The Lottery Corporation (TLC AU)</a>, <a href="https://www.smartkarma.com/entities/national-australia-bank-ltd" target="_blank" data-smartkarma-citation="entities:15:1" rel="noopener">NAB (NAB AU)</a>, <a href="https://www.smartkarma.com/entities/anz-group-holdings-ltd" target="_blank" data-smartkarma-citation="entities:40898:1" rel="noopener">ANZ  (ANZ AU)</a>, and <a href="https://www.smartkarma.com/entities/westpac-banking-corp" target="_blank" data-smartkarma-citation="entities:444:1" rel="noopener">Westpac (WBC AU)</a>.</li>
</ul>


Australia's ASIC releases the aggregated short position data four business days after the reporting day. Data in this insight is up to 18th May, published on the 22nd May.
The largest industry net increase in the past week was just A$49mn into "Industrial REITs"; the largest net decrease was A$531mn out of "Diversified Banks". Net shorts fell A$1.6bn week-on-week.
Companies mentioned in this regular weekly report include: Insurance Australia (IAG AU), 4DMedical (4DX AU), The Lottery Corporation (TLC AU), NAB (NAB AU), ANZ  (ANZ AU), and Westpac (WBC AU).


Aussie Shorts [18th May]: Insurance Australia, 4DMedical, The Lottery Corp., NAB, ANZ, and Westpac

Index Rebal/Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Index Rebal/Special Situations

<ul>
<li>In this insight, we have presented our final expectations for index changes for ASX 200, 100, 50, and 20 for the June 2026 index rebal event.</li>
<li>Currently, we expect one regular change for ASX 50 and four regular changes for ASX 200 during the rebalance. Separately, there could be a couple of M&amp;A-related index changes too.</li>
<li>The index review results will be confirmed in early-June 2026.</li>
</ul>


In this insight, we have presented our final expectations for index changes for ASX 200, 100, 50, and 20 for the June 2026 index rebal event.
Currently, we expect one regular change for ASX 50 and four regular changes for ASX 200 during the rebalance. Separately, there could be a couple of M&amp;A-related index changes too.
The index review results will be confirmed in early-June 2026.


Quiddity Leaderboard ASX Jun26: Final Expectations; 14 Changes in June Including M&A-Related Changes

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Equity Capital Markets

Zhongji Innolight   / Equity Capital Markets

<ul>
<li>Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.</li>
<li>On the IPO front, both the HK listings managed to do well over the past week.</li>
<li>On the placement front, there were a number of placements done across the region</li>
</ul>


Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
On the IPO front, both the HK listings managed to do well over the past week.
On the placement front, there were a number of placements done across the region


Aequitas ECM Weekly (18 May 2026)- Innolight, Top Numerical, Hitachi Machinery, Kiraboshi, Alchip

IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

<ul>
<li>A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia, Malaysia, Thailand, Korea, India and Chinese ADRs.</li>
<li>ECM developments: No material new developments over the last week.</li>
<li>Event-Driven developments: <a href="https://www.smartkarma.com/entities/kakaku-com-inc" target="_blank" data-smartkarma-citation="entities:7408:1" rel="noopener">Kakaku.com Inc (2371 JP)</a>, <a href="https://www.smartkarma.com/entities/paltac-corporation" target="_blank" data-smartkarma-citation="entities:20014:1" rel="noopener">Paltac Corporation (8283 JP)</a>, <a href="https://www.smartkarma.com/entities/nippon-dry-chemical-co-ltd" target="_blank" data-smartkarma-citation="entities:13528:1" rel="noopener">Nippon Dry Chemical (1909 JP)</a>, <a href="https://www.smartkarma.com/entities/shinko-shoji-co-ltd" target="_blank" data-smartkarma-citation="entities:2322:1" rel="noopener">Shinko Shoji (8141 JP)</a>, <a href="https://www.smartkarma.com/entities/baoye-group-co-ltd-class-h" target="_blank" data-smartkarma-citation="entities:16758:1" rel="noopener">Baoye Group (2355 HK)</a>, <a href="https://www.smartkarma.com/entities/enn-energy-holdings-limited" target="_blank" data-smartkarma-citation="entities:316:1" rel="noopener">ENN Energy (2688 HK)</a>, OOh!Media. 
</li>
</ul>


A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, New Zealand, Singapore, Japan, Indonesia, Malaysia, Thailand, Korea, India and Chinese ADRs.
ECM developments: No material new developments over the last week.
Event-Driven developments: Kakaku.com Inc (2371 JP), Paltac Corporation (8283 JP), Nippon Dry Chemical (1909 JP), Shinko Shoji (8141 JP), Baoye Group (2355 HK), ENN Energy (2688 HK), OOh!Media. 



Weekly Deals Digest (17 May) - Kakaku, Paltac, Nippon Dry Chem, Shinko Shoji, Baoye, ENN, OOh!Media

Australia

Elevra Lithium Limited provides exploration and mining services. The Company explores and develops lithium projects across Quebec, North Carolina, Ghana, and Western Australia. Elevra Lithium serves customers worldwide.

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Elevra Lithium (ELV AU)

MV Global Rare Earth/Strategic Metals Index Rebalance: 3 Adds and Other Changes; US$840m Trade

There are 3 adds for REMX in June. The constituent changes, float changes and capping changes result in an estimated one-way turnover of 9.6% and...

Brian Freitas

Aussie Shorts [18th May]: Insurance Australia, 4DMedical, The Lottery Corp., NAB, ANZ, and Westpac

Net shorts fell A$1.6bn week-on-week. Companies mentioned in this regular weekly report include: Insurance Australia, 4DMedical, The Lottery...

David Blennerhassett

Aequitas ECM Weekly (18 May 2026)- Innolight, Top Numerical, Hitachi Machinery, Kiraboshi, Alchip

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

Weekly Deals Digest (17 May) - Kakaku, Paltac, Nippon Dry Chem, Shinko Shoji, Baoye, ENN, OOh!Media

A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...

Arun George

Price Gauge

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MV Global Rare Earth/​​​​​Strategic Metals Index Rebalance: 3 Adds and Other Changes; US$840m Trade

There are 3 adds for REMX in June. The constituent changes, float changes and capping changes result in an estimated one-way turnover of 9.6% and...

Brian Freitas

Aussie Shorts [18th May]: Insurance Australia, 4DMedical, The Lottery Corp., NAB, ANZ, and Westpac

Net shorts fell A$1.6bn week-on-week. Companies mentioned in this regular weekly report include: Insurance Australia, 4DMedical, The Lottery...

David Blennerhassett

Quiddity Leaderboard ASX Jun26: Final Expectations; 14 Changes in June Including M&A-Related Changes

We expect a total of 14 index changes in June 2026 including M&A-related index changes. Most of the index changes have decent impact and flow size.

Janaghan Jeyakumar, CFA

Aequitas ECM Weekly (18 May 2026)- Innolight, Top Numerical, Hitachi Machinery, Kiraboshi, Alchip

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

Weekly Deals Digest (17 May) - Kakaku, Paltac, Nippon Dry Chem, Shinko Shoji, Baoye, ENN, OOh!Media

A weekly summary of key developments across ECM and Event-Driven names tracked by us across Hong Kong, Australia, NZ, Singapore, Japan, Indonesia,...

Arun George

MV Global Rare Earth/Strategic Metals Index Rebalance: 3 Adds and Other Changes; US$840m Trade