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

Maxio Technology Hangzhou / Index Rebalance

<ul>
<li>There could be 2 constituent change for the STAR Chip Index at the September rebalance. There will also be a few capping changes.</li>
<li>Estimated one-way turnover is 1.4% resulting in a round-trip trade of CNY 983m (US$137m). Passives need to trade between 0.4-1.9x ADV in the potential changes.</li>
<li>Both forecast inclusions are newly eligible for index inclusion and the passive buying could provide some support following the drop in the stock price post listing.</li>
</ul>


There could be 2 constituent change for the STAR Chip Index at the September rebalance. There will also be a few capping changes.
Estimated one-way turnover is 1.4% resulting in a round-trip trade of CNY 983m (US$137m). Passives need to trade between 0.4-1.9x ADV in the potential changes.
Both forecast inclusions are newly eligible for index inclusion and the passive buying could provide some support following the drop in the stock price post listing.


STAR Chip Index Rebalance Preview: Forecast Changes for September

China

Maxio Technology (Hangzhou) Co., Ltd. operates as a storage control chip supplier. The Company develops data storage main control chips, signal processing- transmission chips, and more. Maxio Technology (Hangzhou) applies products to consumer electronics, servers, industrial control fields.

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52-week Range	0.00 - 0.00
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Maxio Technology Hangzhou (688449 CH)

STAR Chip Index Rebalance Preview: Forecast Changes for September

There could be 2 changes for the STAR Chip Index in September. Passives will need to trade 0.4-1.9x ADV in the stocks. Estimated one-way turnover...

Brian Freitas

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)