HK/China Healthcare Analyst (ex-Fosun Pharma)

Xinyao (Criss) Wang

Equity Capital Markets

UISEE Technologies (Beijing) / Equity Capital Markets

<ul>
<li>UISEE's competitive strategy is "achieving excellence in specific market segments" . It does not aim for full-scale coverage across all open-road scenarios, but instead builds deep moat in closed scenarios.</li>
<li>The advantage of UISEE's strategy lies in a clear commercialization path and lower regulatory risks.The disadvantage is that market size has a limited ceiling and UISEE faces challenges from giants.</li>
<li>The RMB7.3bn Pre-IPO valuation is due to optimistic expectations on UISEE. However, the secondary market focuses more on profit model rather than just technical story.Future valuation could be under pressure.</li>
</ul>


UISEE's competitive strategy is "achieving excellence in specific market segments" . It does not aim for full-scale coverage across all open-road scenarios, but instead builds deep moat in closed scenarios.
The advantage of UISEE's strategy lies in a clear commercialization path and lower regulatory risks.The disadvantage is that market size has a limited ceiling and UISEE faces challenges from giants.
The RMB7.3bn Pre-IPO valuation is due to optimistic expectations on UISEE. However, the secondary market focuses more on profit model rather than just technical story.Future valuation could be under pressure.


Pre-IPO UISEE Technologies (PHIP Updates) - The Business, the Concerns and the Outlook

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

Victory Giant Technology (HuiZhou) / Index Rebalance

Victory Giant Technology (HuiZhou) (2476 HK)

<ul>
<li>There could be 55 potential inclusions and 14 potential deletions for the Hang Seng Composite Index in September. There are more stocks that are close on market cap/liquidity.</li>
<li>A lot of the potential adds are very recently listed stocks that have a limited trading history. The low free float could lead to price spikes in the stocks.</li>
<li>There are stocks that have a very high percentage of holdings via Stock Connect and there could be some unwinding prior to the stocks becoming Sell-only.</li>
</ul>


There could be 55 potential inclusions and 14 potential deletions for the Hang Seng Composite Index in September. There are more stocks that are close on market cap/liquidity.
A lot of the potential adds are very recently listed stocks that have a limited trading history. The low free float could lead to price spikes in the stocks.
There are stocks that have a very high percentage of holdings via Stock Connect and there could be some unwinding prior to the stocks becoming Sell-only.


HSCI Index Rebalance Preview and Stock Connect (Sep 2026): Adds Outnumber Deletes as IPOs Dominate

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UISEE Technologies (Beijing) (UISEE HK)

Pre-IPO UISEE Technologies (PHIP Updates) - The Business, the Concerns and the Outlook

UISEE's competitive strategy focuses on excellence in closed scenarios, with advantage in a clear commercialization path, but face challenges from...

Xinyao (Criss) Wang

HSCI Index Rebalance Preview and Stock Connect (Sep 2026): Adds Outnumber Deletes as IPOs Dominate

There could be 80 changes for the HSCI in March. That could result in 70 changes to the Southbound Stock Connect list and also have implications...

Brian Freitas

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Pre-IPO UISEE Technologies (PHIP Updates) - The Business, the Concerns and the Outlook

​UISEE's competitive strategy focuses on excellence in closed scenarios, with advantage in a clear commercialization path, but face challenges from...

Xinyao (Criss) Wang

HSCI Index Rebalance Preview and Stock Connect (Sep 2026): Adds Outnumber Deletes as IPOs Dominate

There could be 80 changes for the HSCI in March. That could result in 70 changes to the Southbound Stock Connect list and also have implications...

Brian Freitas

UISEE's competitive strategy focuses on excellence in closed scenarios, with advantage in a clear commercialization path, but face challenges from...