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 Index] HSI Rebal Results Almost All As Predicted - HK$29bn One-Way

Quiddity Leaderboard SE600 Jun26: Base Date This Week; Many Changes Incoming

Quiddity CSI 300/​​500 Jun26 Results: 86% Correctly Predicted; Large Flow Event Despite Drop in AUM

Quiddity Leaderboard HSCEI Jun26: Announcement Next Week; US$196mn One-Way

Quiddity Leaderboard Hang Seng Index Jun26: BeOne, Zijin, Cosco Shipping Among Our Top 10 Picks

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

Quiddity Advisors

Pan-Asia Catalysts/Events

Index Rebalance

Kingdee International Software Group / Index Rebalance

Kingdee International Software Group (268 HK)

<ul>
<li>In this insight, we revisit our final expectations for ADDs/DELs and our latest capping flow estimates for the HSTECH index for the June 2026 rebal.</li>
<li>We continue to expect two index changes. We previously had US$2bn one-way flows but that has come down to US$1.4bn now.</li>
<li>The expected DELs are the highest-impact names with 8x–10x ADV to sell.</li>
</ul>


In this insight, we revisit our final expectations for ADDs/DELs and our latest capping flow estimates for the HSTECH index for the June 2026 rebal.
We continue to expect two index changes. We previously had US$2bn one-way flows but that has come down to US$1.4bn now.
The expected DELs are the highest-impact names with 8x–10x ADV to sell.


Quiddity Leaderboard HSTECH Jun26: High-Impact Deletions Likely; ~US$1.4bn One-Way