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.

Quantitative Analysis

<ul>
<li>We analysed the earning revision of component stocks of HSI in the past month.</li>
<li>We tabulated stocks with the top impact on index's EPS, stocks' EPS revision, and revenue revision.</li>
<li>We highlighted EPS revision on XINYI SOLAR, CNOOC, PING AN, HSBC, CHINA LIFE, LONGFOR, JD.COM.</li>
</ul>


We analysed the earning revision of component stocks of HSI in the past month.
We tabulated stocks with the top impact on index's EPS, stocks' EPS revision, and revenue revision.
We highlighted EPS revision on XINYI SOLAR, CNOOC, PING AN, HSBC, CHINA LIFE, LONGFOR, JD.COM.


HSI Index Earning Revision (Jul): XINYI SOLAR, CNOOC, PING AN, HSBC, CHINA LIFE, LONGFOR, JD.COM

Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Derivatives

<ul>
<li>
HKEX Expands Weekly Options: 17 new single-stock weekly expiries are launched in the next two weeks, doubling the offering of Hong Kong’s fast-growing short-dated options market.</li>
<li>
Why It Matters: Weekly expiries let traders and investors hedge or speculate around key events with precision. They offer lower premiums and higher gamma than longer-dated contracts.</li>
<li>
Momentum: Trading volumes in existing weeklies continues to rise, underscoring rising investor adoption and liquidity.</li>
</ul>



HKEX Expands Weekly Options: 17 new single-stock weekly expiries are launched in the next two weeks, doubling the offering of Hong Kong’s fast-growing short-dated options market.

Why It Matters: Weekly expiries let traders and investors hedge or speculate around key events with precision. They offer lower premiums and higher gamma than longer-dated contracts.

Momentum: Trading volumes in existing weeklies continues to rise, underscoring rising investor adoption and liquidity.


Pop Mart, Trip.com, Geely Auto, and More: Weekly Options Start Trading on 15 June

Chief Executive Officer, Emmer Capital Partners Limited

Manishi Raychaudhuri

Chief Executive Officer

Emmer Capital Partners Limited

Emmer Capital Partners is an Asia Pacific focused financial advisory firm engaging in strategic financial asset allocation advice, bespoke thematic research and advising early-stage companies and connecting them to investors. Emmer Capital provides macro-economic and multi-asset investment strategy inputs to institutions, family offices, private wealth managers, private equity, and corporate boards directly and through independent research platforms. Emmer Capital also advises a wide range of startup companies on fund raising and business strategy. Emmer Capital's active engagement with the print and electronic media reaches a broad spectrum of investors across the globe.

Equity Bottom-Up

<ul>
<li>Following our Large Cap basket (<a href="https://www.smartkarma.com/insights/asian-equities-the-asian-large-cap-focus-list-73-stocks-with-growth-value-quality-balance-sheet" target="_blank" data-smartkarma-citation="insights:240767" rel="noopener">Asian Equities: The Asian Large Cap Focus List - 73 Stocks with Growth, Value, Quality Balance Sheet</a>), we screen Asian Small Caps (US$1-5bn market cap).</li>
<li>93 small caps across Hong Kong (34), Korea (18), Taiwan (18), Indonesia (9), India (8) and Singapore-Malaysia (6) come up on our screen. </li>
<li>The HK and Singapore-Malaysia stocks are the most diversified across sectors. Korea is moderately so. India is dominated by financials, Taiwan by electronic hardware and Indonesia by energy and minerals.</li>
</ul>


Following our Large Cap basket (Asian Equities: The Asian Large Cap Focus List - 73 Stocks with Growth, Value, Quality Balance Sheet), we screen Asian Small Caps (US$1-5bn market cap).
93 small caps across Hong Kong (34), Korea (18), Taiwan (18), Indonesia (9), India (8) and Singapore-Malaysia (6) come up on our screen. 
The HK and Singapore-Malaysia stocks are the most diversified across sectors. Korea is moderately so. India is dominated by financials, Taiwan by electronic hardware and Indonesia by energy and minerals.


Asian Equities: Small Caps with Strong Growth, Reasonable Valuations, and Strong Balance Sheets

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.

<ul>
<li>We analysed the earning revision of component stocks of HSI in the past month.</li>
<li>We tabulated stocks with the top impact on index's EPS, stocks' EPS revision, and revenue revision.</li>
<li>We highlighted EPS revision on ICBC, MEITUAN, BYD Electronic, LI AUTO, XIAOMI, CCB, Kuaishou.</li>
</ul>


We analysed the earning revision of component stocks of HSI in the past month.
We tabulated stocks with the top impact on index's EPS, stocks' EPS revision, and revenue revision.
We highlighted EPS revision on ICBC, MEITUAN, BYD Electronic, LI AUTO, XIAOMI, CCB, Kuaishou.


HSI Index Earning Revision (May): ICBC, MEITUAN, BYD Electronic, LI AUTO, XIAOMI, CCB, Kuaishou

Index Rebalance

<ul>
<li>We screen the HSCEI eligible universe for the upcoming May 2026 review.</li>
<li>Two exclusions and two inclusions, all rule-driven under the rank &gt; 60 / rank &lt;= 40 boundaries.</li>
<li>WuXi Bio is a mandatory top-40 add; Hansoh Pharma is the contingent buffer-zone fill.</li>
</ul>


We screen the HSCEI eligible universe for the upcoming May 2026 review.
Two exclusions and two inclusions, all rule-driven under the rank &gt; 60 / rank &lt;= 40 boundaries.
WuXi Bio is a mandatory top-40 add; Hansoh Pharma is the contingent buffer-zone fill.


China

Laopu Gold is a leading Chinese designer, manufacturer, and retailer of heritage gold jewelry, offering products with Chinese culture-inspired designs and craftsmanship. The company sells pure gold, gem-set, and non-gold jewelry through both offline retail stores and online platforms, and provides maintenance and repair services. Founded in 2009, its headquarters are located in Beijing, China.

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

Laopu Gold (6181 HK)

HSI Index Earning Revision (Jul): XINYI SOLAR, CNOOC, PING AN, HSBC, CHINA LIFE, LONGFOR, JD.COM

We analyzed HSI's consensus for Jul 2026 and highlighted changes of EPS in XINYI SOLAR, CNOOC, PING AN, HSBC, CHINA LIFE, LONGFOR, JD.COM.

Ke Yan, CFA, FRM

Pop Mart, Trip.com, Geely Auto, and More: Weekly Options Start Trading on 15 June

Today, HKEX launches weekly trading in options on Geely (175 HK), Li Auto (2015 HK), XPeng (9868 HK), NetEase (9999 HK), Sun Hung Kai Properties...

Gaudenz Schneider

Asian Equities: Small Caps with Strong Growth, Reasonable Valuations, and Strong Balance Sheets

Screening Asian Small Caps reveals 93 stocks across markets. HK & SG-Malaysia are the most diversified. India is dominated by financials, TW by...

Manishi Raychaudhuri

HSI Index Earning Revision (May): ICBC, MEITUAN, BYD Electronic, LI AUTO, XIAOMI, CCB, Kuaishou

We analyzed HSI's consensus for May 2026 and highlighted changes of EPS in ICBC, MEITUAN, BYD Electronic, LI AUTO, XIAOMI, CCB, Kuaishou.

Ke Yan, CFA, FRM

HSCEI May 2026 Index Review Forecast

HSCEI May 2026 rebalance announcement due after market close today: a good time to revisit our review forecast as the decision approaches.

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

HSI Index Earning Revision (Jul): XINYI SOLAR, CNOOC, PING AN, HSBC, CHINA LIFE, LONGFOR, JD.COM

We analyzed HSI's consensus for Jul 2026 and highlighted changes of EPS in XINYI SOLAR, CNOOC, PING AN, HSBC, CHINA LIFE, LONGFOR, JD.COM.

Ke Yan, CFA, FRM

Pop Mart, Trip.com, Geely Auto, and More: Weekly Options Start Trading on 15 June

Today, HKEX launches weekly trading in options on Geely (175 HK), Li Auto (2015 HK), XPeng (9868 HK), NetEase (9999 HK), Sun Hung Kai Properties...

Gaudenz Schneider

Asian Equities: Small Caps with Strong Growth, Reasonable Valuations, and Strong Balance Sheets

​Screening Asian Small Caps reveals 93 stocks across markets. HK & SG-Malaysia are the most diversified. India is dominated by financials, TW by...

Manishi Raychaudhuri

HSI Index Earning Revision (May): ICBC, MEITUAN, BYD Electronic, LI AUTO, XIAOMI, CCB, Kuaishou

We analyzed HSI's consensus for May 2026 and highlighted changes of EPS in ICBC, MEITUAN, BYD Electronic, LI AUTO, XIAOMI, CCB, Kuaishou.

Ke Yan, CFA, FRM

HSCEI May 2026 Index Review Forecast

HSCEI May 2026 rebalance announcement due after market close today: a good time to revisit our review forecast as the decision approaches.

Ke Yan, CFA, FRM

Screening Asian Small Caps reveals 93 stocks across markets. HK & SG-Malaysia are the most diversified. India is dominated by financials, TW by...