Index Rebal/Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Equity Analyst with 10+ years experience in fundamental and event-driven research.

On Smartkarma, I mainly publish insights on index flow events. This includes predicting regular and intra-review index changes and formulating market-neutral trading strategies based on flow catalysts. I also cover special situations such as mergers & acquisitions, equity offerings, buybacks, and other corporate restructuring events.

Index Rebal/Special Situations

Quiddity Leaderboard HSIII Jun26/Sep26: Some Changes to Sep26 Expected ADDs List

Quiddity Leaderboard SE600 Jun26: 3 Regular ADDs/DELs Likely

Quiddity Leaderboard ES50 Sep26: 2 ADDs/DELs Likely. 5 Months Left for the Base Date

Quiddity Leaderboard HSCEI Jun26: Final Expectations for ADDs/DELs; US$194mn One-Way

Quiddity Leaderboard TDIV Jun26: Many Borderline Potential ADDs in the Race

Quiddity Leaderboard ASX Jun26: Two Intra-Review Replacements Possible + More Regular Changes

Quiddity Leaderboard T50/​​​100 Jun26: One TDIV DEL In the Money; Two More Close to the Border!

Quiddity Advisors

Pan-Asia Catalysts/Events

Index Rebalance

Kingdee International Software Group / Index Rebalance

Kingdee International Software Group (268 HK)

<ul>
<li>The HSTECH index tracks the performance of the top 30 technology companies listed in Hong Kong that have high business exposure to certain technology themes.</li>
<li>In this insight, we have presented our estimations for final ranks for potential ADDs/DELs for the June 2026 index rebal event.</li>
<li>We expect two index changes and we currently estimate there to be around US$2bn in one-way index flows. Our flow expectations can change until the capping date in early-June.</li>
</ul>


The HSTECH index tracks the performance of the top 30 technology companies listed in Hong Kong that have high business exposure to certain technology themes.
In this insight, we have presented our estimations for final ranks for potential ADDs/DELs for the June 2026 index rebal event.
We expect two index changes and we currently estimate there to be around US$2bn in one-way index flows. Our flow expectations can change until the capping date in early-June.


SMIC (Semiconductor Manufacturing International Corp) (981 HK)

SMIC (Semiconductor Manufacturing International Corp)

Quiddity Leaderboard HSTECH Jun26: Final Ranks for ADDs/DELs; ~US$2bn One-Way Flows