Beigene & Trip.com could replace CG Services & Zhongsheng in the HSCEI. Non-inclusion of Beigene could result in Chow Tai Fook's inclusion. Short interest is up on nearly all stocks.
Boomeranged on Tue, 15 Aug 2023 06:03
The two potential adds have outperformed the two potential deletes by 42% since end May and by 52% since end June. Shorts have jumped on Beigene while covering on Trip.com and Zhongsheng. Shorts in Country Garden have continued to increase as the stock has dropped to new lows. Announcement of index changes in 4 days and the time to unwind is nearing.
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