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>Nearing the end of the review period, we forecast no inclusions to the index in September. There could be up to 3 deletions at the review though.</li>
<li>Even if there are no constituent changes, capping changes will lead to one-way turnover of 3.8% and a round-trip trade of A$232m.</li>
<li>If there are 3 deletes as forecast, one-way turnover increases to 6.3% resulting in a round-trip trade of A$384m.</li>
</ul>


Nearing the end of the review period, we forecast no inclusions to the index in September. There could be up to 3 deletions at the review though.
Even if there are no constituent changes, capping changes will lead to one-way turnover of 3.8% and a round-trip trade of A$232m.
If there are 3 deletes as forecast, one-way turnover increases to 6.3% resulting in a round-trip trade of A$384m.


MV Australia Equal Weight Index Rebalance Preview: Three Potential Deletions in September

Asia L/S Equity PM/Macro/Thematic Idea Generation

Rikki Malik

Cross Asset Strategy

<ul>
<li>The prospect of jumbo US rate cuts is juicing asset markets</li>
<li>Overseas Capital is starting to move into domestic Chinese equities</li>
<li>The Precious metals ETFs are breaking out -looking at laggards</li>
</ul>


The prospect of jumbo US rate cuts is juicing asset markets
Overseas Capital is starting to move into domestic Chinese equities
The Precious metals ETFs are breaking out -looking at laggards


Overview #32 – International Money Starts to Flow to Chinese Domestic Markets

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

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.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of ASX Stocks as of Aug 8th (reported today). The aggregated short interest was USD25.9bn.</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 Wesfarmers, Infratil, Iluka Resources, Bigtincan, Auswide Bank.</li>
</ul>


We analyzed the changes in short interest of ASX Stocks as of Aug 8th (reported today). The aggregated short interest was USD25.9bn.
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 Wesfarmers, Infratil, Iluka Resources, Bigtincan, Auswide Bank.


ASX Short Interest Weekly (Aug 8th): Wesfarmers, Infratil, Iluka Resources, Bigtincan, Auswide Bank

Derivatives and Quantitative Strategist

Gaudenz Schneider

Equity Derivatives

<ul>
<li>
Timing: <a href="https://www.smartkarma.com/entities/bhp-group-ltd" target="_blank" data-smartkarma-citation="entities:147:1" rel="noopener">BHP (BHP AU)</a> reports annual results on Tuesday, 19 August 2025, 8:00 AM AEST. Corresponding local times for its international listings are detailed in the Insight.</li>
<li>
Highlight: Options positioning ahead of the results suggests at least one trader is making a sizeable bet on post-earnings upside.</li>
<li>
Why Read: Gain insight into BHP’s earnings-day price history , volatility setup, and options market positioning to be ready for the upcoming announcement.</li>
</ul>



Timing: BHP (BHP AU) reports annual results on Tuesday, 19 August 2025, 8:00 AM AEST. Corresponding local times for its international listings are detailed in the Insight.

Highlight: Options positioning ahead of the results suggests at least one trader is making a sizeable bet on post-earnings upside.

Why Read: Gain insight into BHP’s earnings-day price history , volatility setup, and options market positioning to be ready for the upcoming announcement.


BHP (BHP AU) Annual Results: Options Market Bets on Post-Earnings Upside

Financial News, Analysis and Data, FNArena

FNArena

Financial News, Analysis and Data

Online financial media company focused on Australian equities, with a global perspective

Equity Bottom-Up

<ul><li>A global perspective on what happened overnight</li></ul>

A global perspective on what happened overnight

PointsBet Holdings Ltd - The Overnight Report: Trade Deals, New Highs

Australia

Lynas Corporation Limited explores and mines for rare earth minerals such as cerium and neodymium.

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

Lynas Corp Ltd (LYC AU)

MV Australia Equal Weight Index Rebalance Preview: Three Potential Deletions in September

We do not forecast any inclusions but there could be 3 deletions. Just capping changes will lead to one-way turnover of 3.8% and a round-trip trade...

Brian Freitas

Overview #32 – International Money Starts to Flow to Chinese Domestic Markets

A review of recent events/data impacting our investment themes and outlook. We look at the Chinese breakout and laggards in the precious metal space

Rikki Malik

ASX Short Interest Weekly (Aug 8th): Wesfarmers, Infratil, Iluka Resources, Bigtincan, Auswide Bank

We analyzed ASX short interest report for the past week and highlight short interest changes in Wesfarmers, Infratil, Iluka Resources, Bigtincan,...

Ke Yan, CFA, FRM

BHP (BHP AU) Annual Results: Options Market Bets on Post-Earnings Upside

BHP to report annual results on August 19, with options suggesting bullish post-earnings move. Gain insight into earnings history and market...

Gaudenz Schneider

PointsBet Holdings Ltd - The Overnight Report: Trade Deals, New Highs

A global perspective on what happened overnight

FNArena

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

MV Australia Equal Weight Index Rebalance Preview: Three Potential Deletions in September

We do not forecast any inclusions but there could be 3 deletions. Just capping changes will lead to one-way turnover of 3.8% and a round-trip trade...

Brian Freitas

Overview #32 – International Money Starts to Flow to Chinese Domestic Markets

A review of recent events/data impacting our investment themes and outlook. We look at the Chinese breakout and laggards in the precious metal space

Rikki Malik

ASX Short Interest Weekly (Aug 8th): Wesfarmers, Infratil, Iluka Resources, Bigtincan, Auswide Bank

We analyzed ASX short interest report for the past week and highlight short interest changes in Wesfarmers, Infratil, Iluka Resources, Bigtincan,...

Ke Yan, CFA, FRM

BHP (BHP AU) Annual Results: Options Market Bets on Post-Earnings Upside

​BHP to report annual results on August 19, with options suggesting bullish post-earnings move. Gain insight into earnings history and market...

Gaudenz Schneider

PointsBet Holdings Ltd - The Overnight Report: Trade Deals, New Highs

A global perspective on what happened overnight

FNArena

BHP to report annual results on August 19, with options suggesting bullish post-earnings move. Gain insight into earnings history and market...