Index Rebal/Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Index Rebal/Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Index Rebalance

<ul>
<li>The T50 index represents the top 50 stocks by market capitalization in the Taiwan Stock Exchange. The T100 index represents the next 100 names (51-150 ranks).</li>
<li>In this insight, we take a look at the potential ADDs/DELs for the September 2026 index rebal event. Currently, we see two changes for T50 and three changes for T100.</li>
<li>The rankings of the T100 potential DELs presented in this insight are very interesting as multiple TDIV members are close to the border. This has important index flow implications.</li>
</ul>


The T50 index represents the top 50 stocks by market capitalization in the Taiwan Stock Exchange. The T100 index represents the next 100 names (51-150 ranks).
In this insight, we take a look at the potential ADDs/DELs for the September 2026 index rebal event. Currently, we see two changes for T50 and three changes for T100.
The rankings of the T100 potential DELs presented in this insight are very interesting as multiple TDIV members are close to the border. This has important index flow implications.


Quiddity Leaderboard T50/​​​100 Sep26: Getac TDIV Deletion Within Striking Distance

Evergreen Aviation Technologies / Index Rebalance

Evergreen Aviation Technologies (2645 TT)

<ul>
<li>The T50 index represents the top 50 stocks by market capitalization in the Taiwan Stock Exchange. The T100 index represents the next 100 names (51-150 ranks).</li>
<li>In this insight, we take a look at the potential ADDs/DELs for the December 2026 index rebal event. Currently, we see no changes for T50 and one ADD/DEL for T100.</li>
<li>We also see one TDIV member moderately close to becoming a T100 DEL. If deleted, it could also become a TDIV DEL which would trigger a significant index outflow event.</li>
</ul>


The T50 index represents the top 50 stocks by market capitalization in the Taiwan Stock Exchange. The T100 index represents the next 100 names (51-150 ranks).
In this insight, we take a look at the potential ADDs/DELs for the December 2026 index rebal event. Currently, we see no changes for T50 and one ADD/DEL for T100.
We also see one TDIV member moderately close to becoming a T100 DEL. If deleted, it could also become a TDIV DEL which would trigger a significant index outflow event.


Quiddity Leaderboard T50/​​​100 Dec26: Evergreen Aviation Close to TDIV Deletion

<ul>
<li>The T50 index represents the top 50 stocks by market capitalization in the Taiwan Stock Exchange. The T100 index represents the next 100 names (51-150 ranks).</li>
<li>In this insight, we take a look at the potential ADDs/DELs for the September 2026 index rebal event. Currently, we see no changes for T50 and two changes for T100.</li>
<li>In our last insight we saw multiple TDIV members close to T100 deletion. However, those names have drifted further away from T100 deletion.</li>
</ul>


The T50 index represents the top 50 stocks by market capitalization in the Taiwan Stock Exchange. The T100 index represents the next 100 names (51-150 ranks).
In this insight, we take a look at the potential ADDs/DELs for the September 2026 index rebal event. Currently, we see no changes for T50 and two changes for T100.
In our last insight we saw multiple TDIV members close to T100 deletion. However, those names have drifted further away from T100 deletion.


Quiddity Leaderboard T50/​​​100 Sep26: TDIV Deletion Names Moving Away from Danger Zone

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

<p>We view weakness in global equity markets over the past week as correcting a significant amount of the excess optimism. We recommend taking advantage of the pullback by adding exposure to our favorite areas - namely Technology. Our overall outlook on global equities (both the MSCI ACWI and ACWI ex-US) remains positive and we continue to expect higher equity prices going forward.  In today’s report we provide a technical appraisal of all major markets and highlight actionable stocks throughout the int’l Technology and Communications sectors.</p>

We view weakness in global equity markets over the past week as correcting a significant amount of the excess optimism. We recommend taking advantage of the pullback by adding exposure to our favorite areas - namely Technology. Our overall outlook on global equities (both the MSCI ACWI and ACWI ex-US) remains positive and we continue to expect higher equity prices going forward.  In today’s report we provide a technical appraisal of all major markets and highlight actionable stocks throughout the int’l Technology and Communications sectors.

Global-Ex-U.S. Equity Strategy: Add Exposure To Technology, Communications

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 analyzed the changes in short interest of TWSE Stocks as of May 1st. The aggregated short interest was USD39.9bn.</li>
<li>We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in CTBC Financial, Winbond Electronics, King Yuan Electronics, Cathay Financial, ASE Industrial.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of May 1st. The aggregated short interest was USD39.9bn.
We tabulate league tables for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in CTBC Financial, Winbond Electronics, King Yuan Electronics, Cathay Financial, ASE Industrial.


TWSE Short Interest Weekly (May 1st): CTBC Financial, Winbond Electronics, King Yuan Electronics

Taiwan

Getac Technology Corporation designs, manufactures, and markets laptops for business, personal, and military use.  The Company sells its products worldwide.

Price Gauge
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Getac Technology (3005 TT)

Quiddity Leaderboard T50/100 Sep26: Getac TDIV Deletion Within Striking Distance

Getac Technology (3005 TT) is fairly close to getting deleted from the T100 index. If it gets deleted from T100, it would also get deleted from...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard T50/100 Dec26: Evergreen Aviation Close to TDIV Deletion

We see around five TDIV members in the top 15 potential DELs for T100. Evergreen Aviation is one of them and is the closest to the deletion border....

Janaghan Jeyakumar, CFA

Quiddity Leaderboard T50/100 Sep26: TDIV Deletion Names Moving Away from Danger Zone

If the worst-ranked T50 member Alchip (3661 TT) underperforms other names by 1% it could fall to the 61st place and get deleted . In this case,...

Janaghan Jeyakumar, CFA

Global-Ex-U.S. Equity Strategy: Add Exposure To Technology, Communications

We view weakness in global equity markets over the past week as correcting a significant amount of the excess optimism. We recommend taking...

Vermilion Research

TWSE Short Interest Weekly (May 1st): CTBC Financial, Winbond Electronics, King Yuan Electronics

We analyzed TWSE short interest report for the past week and highlighted short interest changes in CTBC Financial, Winbond Electronics, King Yuan...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Quiddity Leaderboard T50/​​​100 Sep26: Getac TDIV Deletion Within Striking Distance

Getac Technology (3005 TT) is fairly close to getting deleted from the T100 index. If it gets deleted from T100, it would also get deleted from...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard T50/​​​100 Dec26: Evergreen Aviation Close to TDIV Deletion

We see around five TDIV members in the top 15 potential DELs for T100. Evergreen Aviation is one of them and is the closest to the deletion border....

Janaghan Jeyakumar, CFA

Quiddity Leaderboard T50/​​​100 Sep26: TDIV Deletion Names Moving Away from Danger Zone

If the worst-ranked T50 member Alchip (3661 TT) underperforms other names by 1% it could fall to the 61st place and get deleted . In this case,...

Janaghan Jeyakumar, CFA

Global-Ex-U.S. Equity Strategy: Add Exposure To Technology, Communications

We view weakness in global equity markets over the past week as correcting a significant amount of the excess optimism. We recommend taking...

Vermilion Research

TWSE Short Interest Weekly (May 1st): CTBC Financial, Winbond Electronics, King Yuan Electronics

We analyzed TWSE short interest report for the past week and highlighted short interest changes in CTBC Financial, Winbond Electronics, King Yuan...

Ke Yan, CFA, FRM

Quiddity Leaderboard T50/100 Sep26: Getac TDIV Deletion Within Striking Distance

Quiddity Leaderboard T50/100 Dec26: Evergreen Aviation Close to TDIV Deletion

Quiddity Leaderboard T50/100 Sep26: TDIV Deletion Names Moving Away from Danger Zone