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>Last October, a global index provider announced that Vietnam would be added to their index in September 2026 as long as progress was made on one key issue.</li>
<li>On 2 February, the Ministry of Finance issued a circular that allows foreign investors to place orders through global brokers, in addition to trading through local brokers.</li>
<li>That should clear the way for inclusion of Vietnam stocks in the global index in September. Inclusion should take place in more than 1 tranche to minimise market impact.</li>
</ul>


Last October, a global index provider announced that Vietnam would be added to their index in September 2026 as long as progress was made on one key issue.
On 2 February, the Ministry of Finance issued a circular that allows foreign investors to place orders through global brokers, in addition to trading through local brokers.
That should clear the way for inclusion of Vietnam stocks in the global index in September. Inclusion should take place in more than 1 tranche to minimise market impact.


Vietnam: Global Index Inclusion Probability Jumps; Updated Names & Flows

<ul>
<li>
<a href="https://www.smartkarma.com/entities/hagl-jsc" target="_blank" data-smartkarma-citation="entities:6632:1" rel="noopener">Hagl Jsc (HAG VN)</a> is an inclusion while An Phat Holdings (APH VN) and CEO Group (CEO VN) are deletes from the MVIS Vietnam Index at the September rebalance.</li>
<li>There are a lot of float and capping changes that will result in one-way turnover of 12% and a one-way trade of US$45m.</li>
<li>There are a lot of stocks that have over 1 day of ADV to trade and there could be opportunities to enter/exit positions on a move in the stocks.</li>
</ul>



Hagl Jsc (HAG VN) is an inclusion while An Phat Holdings (APH VN) and CEO Group (CEO VN) are deletes from the MVIS Vietnam Index at the September rebalance.
There are a lot of float and capping changes that will result in one-way turnover of 12% and a one-way trade of US$45m.
There are a lot of stocks that have over 1 day of ADV to trade and there could be opportunities to enter/exit positions on a move in the stocks.


MVIS Vietnam Index Rebalance: One Add, Two Deletes

External broker reports(aggregated public sources), Rong Viet Securities

Rong Viet Securities

External broker reports(aggregated public sources)

RongViet is proud to have a research team of experienced and trustworthy people whose works are at all time governed by the codes of objectivity, integrity and client's best interest.

Looking at relevant, up-to-date information from multiple perspectives with the support of intensive data and analyses, RongViet's research is effective, practical and widely used for investing purposes.

Content available is external broker reports authored by a third party outside the Smartkarma network and has been aggregated by an online aggregator through publicly available sources and is displayed by Smartkarma in this format for user's convenience and general informational purposes only. Content does not constitute investment or financial advice and Smartkarma makes no representation or warranty regarding its accuracy or contents. Original third party author retains all copyright and other proprietary rights in the content. Access or use of third party links not controlled by Smartkarma are at the user's own risk.

Equity Bottom-Up

Kinh Bac City Development / Equity Bottom-Up

Kinh Bac Development Holding Corporation (HOSE: KBC) is one of the leading industrial park developers. The company possesses a huge land bank including 5,174 ha for industrial land and more than 1,100 ha for urban area development. It owns 7 major IPs in Bac Ninh, Hai Phong and HCMC as well as 7 IPs in associated with other parties. In the short term, land lots and villas sales are expected to bolster the company’s result. In the long term, the incoming leasable land of 689 ha from Nam Son Hap…

Kinh Bac Development Holding Corporation (HOSE: KBC) is one of the leading industrial park developers. The company possesses a huge land bank including 5,174 ha for industrial land and more than 1,100 ha for urban area development. It owns 7 major IPs in Bac Ninh, Hai Phong and HCMC as well as 7 IPs in associated with other parties. In the short term, land lots and villas sales are expected to bolster the company’s result. In the long term, the incoming leasable land of 689 ha from Nam Son Hap…

Frontier and emerging markets (Vietnam)

Dylan Waller

Nomadic Equity

I had the opportunity to visit <a href="https://www.smartkarma.com/entities/22624" target="_blank" data-smartkarma-citation="entities:22624">Kinh Bac City Development Share Holding Corporation</a> 's Trang Due Industrial Park in Hai Phong, Vietnam.  This is the second industrial park I have visited that this company operates, and I have strong conviction for the future success of this company based on its current strong standing, and the growth ahead for industrial parks in Vietnam.  The company took me on a brief tour of this industrial park, and also gave a presentation of the benefits of this industrial…

I had the opportunity to visit Kinh Bac City Development Share Holding Corporation 's Trang Due Industrial Park in Hai Phong, Vietnam.  This is the second industrial park I have visited that this company operates, and I have strong conviction for the future success of this company based on its current strong standing, and the growth ahead for industrial parks in Vietnam.  The company took me on a brief tour of this industrial park, and also gave a presentation of the benefits of this industrial…

Trang Due Industrial Park Visit: More News from on the Ground in Northern Vietnam

TNG Investment and Trading / Equity Bottom-Up

I spent the majority of last week traveling in Northern Vietnam, examining investment opportunities and significant developments in Hanoi, Thai Nguyen, and Bac Ninh.  This is a trend that I plan to follow in the future, which will include visiting various regions of Vietnam, as well as meeting with companies that I am researching on SmartKarma.  Northern Vietnam is a significant economic section of the country, particularly in terms of manufacturing, and this is sure to be one of many visits I…

I spent the majority of last week traveling in Northern Vietnam, examining investment opportunities and significant developments in Hanoi, Thai Nguyen, and Bac Ninh.  This is a trend that I plan to follow in the future, which will include visiting various regions of Vietnam, as well as meeting with companies that I am researching on SmartKarma.  Northern Vietnam is a significant economic section of the country, particularly in terms of manufacturing, and this is sure to be one of many visits I…

Northern Vietnam Travel Report: Visiting Textile Factories and an Industrial Park

Vietnam

Kinh Bac City Development Holding Corporation is a leading Vietnamese real estate company focused on the investment, construction, development, and management of industrial parks and urban areas. The company's core business involves developing industrial land, ready-built factories, offices, and residential estates, alongside providing related services like water and electricity supply. Kinh Bac City Development Holding Corporation was founded on March 27, 2002, and is headquartered in Que Vo, Bac Ninh Province, Vietnam.

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

Kinh Bac City Development (KBC VN)

Vietnam: Global Index Inclusion Probability Jumps; Updated Names & Flows

The MoF approval for international investors to place orders through global brokers resolves the main hurdle for global index inclusion. Passives...

Brian Freitas

MVIS Vietnam Index Rebalance: One Add, Two Deletes

There is 1 addition and 2 deletions for the MVIS Vietnam Index. There are a lot of float and capping changes that will result in one-way turnover...

Brian Freitas

KBC - Awaiting for a Breakthrough Year

Kinh Bac Development Holding Corporation (HOSE: KBC) is one of the leading industrial park developers. The company possesses a huge land bank...

Rong Viet Securities

Trang Due Industrial Park Visit: More News from on the Ground in Northern Vietnam

I had the opportunity to visit Kinh Bac City Development Share Holding Corporation 's Trang Due Industrial Park in Hai Phong, Vietnam. This is the...

Nomadic Equity

Northern Vietnam Travel Report: Visiting Textile Factories and an Industrial Park

I spent the majority of last week traveling in Northern Vietnam, examining investment opportunities and significant developments in Hanoi, Thai...

Nomadic Equity

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)