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

Event-Driven

Brilliance China Automotive / Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/brilliance-china-automotive" target="_blank" data-smartkarma-citation="entities:469:1" rel="noopener">Brilliance China Automotive (1114 HK)</a> was deleted from local and global indices following its prolonged trading suspension from April 2021 to September 2022.</li>
<li>Following the resumption of trading, <a href="https://www.smartkarma.com/entities/brilliance-china-automotive" target="_blank" data-smartkarma-citation="entities:469:1" rel="noopener">Brilliance China Automotive (1114 HK)</a> was added to the HSCI in March and subsequently to Southbound Stock Connect.</li>
<li>The stock should be bought by global passive trackers over the next few months and there should be substantial passive inflows.</li>
</ul>



Brilliance China Automotive (1114 HK) was deleted from local and global indices following its prolonged trading suspension from April 2021 to September 2022.
Following the resumption of trading, Brilliance China Automotive (1114 HK) was added to the HSCI in March and subsequently to Southbound Stock Connect.
The stock should be bought by global passive trackers over the next few months and there should be substantial passive inflows.


Brilliance China (1114 HK): Driving Back Into Passive Portfolios

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

Shenton Research

Shenton 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.

Index Rebalance

<ul>
<li>We screen the Mainland Securities ahead of the HSCEI review result, due on 20 Nov 2026 after market close.</li>
<li>One ADD and one DELETE are screened as high-conviction calls this cycle.</li>
<li>We also include one mid-conviction ADD and one low-conviction DELETE.</li>
</ul>


We screen the Mainland Securities ahead of the HSCEI review result, due on 20 Nov 2026 after market close.
One ADD and one DELETE are screened as high-conviction calls this cycle.
We also include one mid-conviction ADD and one low-conviction DELETE.


Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Cross Asset Strategy

<ul><li>In Depth: Why Geely’s Founder Broke With Chinese Business Tradition for His Succession When Li Shufu stepped down as chairman and executive director of Geely Automobile Holdings Ltd.</li><li>in August, it signaled far more than a routine leadership change at one of China’s largest private carmakers.</li><li>FINANCE &amp; ECONOMY Hong Kong Moves to Ease Listing Rules on Major Deals, Spin-Offs </li></ul>

In Depth: Why Geely’s Founder Broke With Chinese Business Tradition for His Succession When Li Shufu stepped down as chairman and executive director of Geely Automobile Holdings Ltd.in August, it signaled far more than a routine leadership change at one of China’s largest private carmakers.FINANCE &amp; ECONOMY Hong Kong Moves to Ease Listing Rules on Major Deals, Spin-Offs 

CX Daily: Why Geely’s Founder Broke With Chinese Business Tradition for His Succession 

Index Rebal/Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Index Rebal/Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

<ul>
<li>HSTECH tracks the performance of the top 30 technology companies listed in Hong Kong that have high business exposure to certain technology themes.</li>
<li>In this insight, we take a look at the rankings of potential ADDs/DELs for the September 2026 index rebal event.</li>
<li>We see zero index changes based on the latest available data. However, there could be US$234mn in one-way due to capping.</li>
</ul>


HSTECH tracks the performance of the top 30 technology companies listed in Hong Kong that have high business exposure to certain technology themes.
In this insight, we take a look at the rankings of potential ADDs/DELs for the September 2026 index rebal event.
We see zero index changes based on the latest available data. However, there could be US$234mn in one-way due to capping.


Quiddity Leaderboard HSTECH Sep26: Zero Changes Likely but Geely Question Mark Exists

External broker reports(aggregated public sources), CMB International

CMB International

External broker reports(aggregated public sources)

Incorporated in Hong Kong, supported by the mainland and targeting in global market, CMB International Capital Corporation Limited (“CMBI”) is an integrated financial institution providing comprehensive and professional services. As a wholly-owned subsidiary of China Merchants Bank ("CMB"), by leveraging on the Group’s synergy and coordination in domestic and overseas markets, as well as CMB’s strong resources and outstanding social reputation, CMBI and its subsidiaries have been actively implementing diversified business strategies and set up an overall layout of main business segments including Corporate Finance, Asset Management, Wealth Management, Global Markets and Structured Finance, etc. Adhering to the philosophy of “being clients oriented and increasing our own values by the way of creating value for clients”, CMBI endeavors to provide quality and integrated financial services to institutional, corporate and individual customers both domestic and overseas including Hong Kong IPO sponsorship and underwriting, share placement and rights issue for listed companies, financial advisors, bonds issuance services, asset management, direct investment, wealth management, equity sales and trading, etc.

Equity Bottom-Up

<ul><li>Maintain BUY. We attended Geely’s investor day on 9 Jun 2026, where the company showcased its latest autonomous driving (AD) and smart cockpit functionalities.</li><li>We are of the view that Geely has been catching up with leading peers in its tech transformation with all the R&amp;D resources integrated.</li><li>Geely has also been accelerating global expansion, especially in Europe, following its parent company’s previous approach: asset-light and partnerships with local automakers. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Maintain BUY. We attended Geely’s investor day on 9 Jun 2026, where the company showcased its latest autonomous driving (AD) and smart cockpit functionalities.We are of the view that Geely has been catching up with leading peers in its tech transformation with all the R&amp;D resources integrated.Geely has also been accelerating global expansion, especially in Europe, following its parent company’s previous approach: asset-light and partnerships with local automakers. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Geely Automobile (175 HK) - A Disciplined Route to Intelligent Transformation and Global Expansion

Hong Kong

Geely Automobile Holdings Limited is a leading Chinese automotive company primarily engaged in the research, development, manufacturing, marketing, and sale of passenger vehicles and related components. It offers a diverse portfolio of products including sedans, SUVs, and electric vehicles under brands such as Geely Auto, Lynk & Co, and Zeekr. The company is headquartered in Hong Kong and was founded in 1973.

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

Geely Auto (175 HK)

Brilliance China (1114 HK): Driving Back Into Passive Portfolios

The stock is up 27% over the last 3 months and could be added to passive portfolios at the end of the month. There will be positioning on the stock...

Brian Freitas

HSCEI Dec 2026 Index Rebalance Forecast

We expect Shenzhou to be deleted below rank 60 and Hua Hong Grace to fill its seat, while a mid-conviction WuXi Bio ADD would also see ZTO deleted.

Ke Yan, CFA, FRM

CX Daily: Why Geely’s Founder Broke With Chinese Business Tradition for His Succession

n Depth: Why Geely’s Founder Broke With Chinese Business Tradition for His Succession When Li Shufu stepped down as chairman and...

Caixin Global

Quiddity Leaderboard HSTECH Sep26: Zero Changes Likely but Geely Question Mark Exists

Currently, capping flows are not very significant. The most significant outflow name is NetEase (9999 HK) which could have 0.8x ADV to sell...

Janaghan Jeyakumar, CFA

Geely Automobile (175 HK) - A Disciplined Route to Intelligent Transformation and Global Expansion

Maintain BUY. We attended Geely’s investor day on 9 Jun 2026, where the company showcased its latest autonomous driving (AD) and smart cockpit...

CMB International

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)