Daily BriefsEvent-Driven

Event-Driven: Orocobre Ltd, Nongfu Spring, Singapore Press Holdings, Crown Resorts and more

In today’s briefing:

  • ASX100/200 Index Rebalance Preview: Permutations and Combinations as M&A Activity Booms
  • Index Rebalance & ETF Flow Recap: MSCI, HSI, HSCEI, Sensex, ASX100/200, MAKRO, Shell, CG Services
  • Last Week in Event SPACE: Singapore Press, Swire, Crown Resorts, Royal Dutch, Toshiba, Hollysys
  • Asia-Pac Weekly Risk Arb Summary:  Crown Resorts, Singapore Press, Shinsei Bank

ASX100/200 Index Rebalance Preview: Permutations and Combinations as M&A Activity Booms

By Brian Freitas

  • The review period for the December review ended on 19 November. The announcement of changes will take place on 3 December with implementation at the close on 17 December.
  • There could be two changes to the ASX100 and S&P/ASX 200 (AS51 INDEX) prior to the regular rebalance if Spark Infrastructure and Oil Search are delisted.
  • Then there could be another change to the S&P/ASX100 and up to five changes to the S&P/ASX 200 (AS51 INDEX) at the regular review. Some impacts are large.

Index Rebalance & ETF Flow Recap: MSCI, HSI, HSCEI, Sensex, ASX100/200, MAKRO, Shell, CG Services

By Brian Freitas

  • Lots of rebalance announcements in the past week: one pair of changes for the Sensex and HSCEI, four adds for the HSI, and three adds for the HSCI.
  • 19 November was the review cutoff for the December rebalance of the ASX100 and ASX200 indices. There will be changes before the regular rebalance and then at the rebalance.
  • Inflows to KraneShares CSI China Internet ETF (KWEB US) continued taking assets over US$9bn while ishares msci cntry asa jpn idx fnd etf (AAXJ US) had another week of outflows.

Last Week in Event SPACE: Singapore Press, Swire, Crown Resorts, Royal Dutch, Toshiba, Hollysys

By David Blennerhassett


Asia-Pac Weekly Risk Arb Summary:  Crown Resorts, Singapore Press, Shinsei Bank

By David Blennerhassett


Before it’s here, it’s on Smartkarma