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Pan-Asia Catalysts/Events, Quiddity Advisors

Travis Lundy

Pan-Asia Catalysts/Events

Quiddity Advisors

Event-Driven

<ul>
<li>There are no index changes, in what comes as a surprise given the index is now 9 months late getting to 80 names, with a target to get to 100. </li>
<li>There are, however, several capping changes, leading to nearly 3 days to sell on <a href="https://www.smartkarma.com/entities/hsbc-holdings-plc" target="_blank" data-smartkarma-citation="entities:516:1" rel="noopener">HSBC Holdings (5 HK)</a> and 2.6% one-way turnover.</li>
<li>The lack of name changes is disappointing. They don't need to find names to delete, just names to add to improve tracking and coverage. This portends further slowness to change.</li>
</ul>


There are no index changes, in what comes as a surprise given the index is now 9 months late getting to 80 names, with a target to get to 100. 
There are, however, several capping changes, leading to nearly 3 days to sell on HSBC Holdings (5 HK) and 2.6% one-way turnover.
The lack of name changes is disappointing. They don't need to find names to delete, just names to add to improve tracking and coverage. This portends further slowness to change.


HSI Mar23 Index Review/Flows - No Changes But Flows; 100 Names a Loooong Way Off