Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian markets.

Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd.

It is important to note that the information provided by Periscope Analytics is based on publicly available data and own knowledge, which has been gathered and synthesized from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions.

All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include, but are not limited to, company announcements, exchange filings, ETF and other passive investment vehicle holdings, and free float and volume data from third-party data providers. Periscope Analytics does not guarantee the accuracy and completeness of the forecasts, estimates and/or other information.

Pan-Asia Index Rebalances/ Events/ Delta One

Chang Hwa Commercial Bank - April Monthly Profit Figures Suggest Slowing Growth

Taiwan Top 50 ETF Rebalance: Asia Vital Components to Replace Chang Hwa Commercial Bank

Mega Financial - NPL Formation In 1Q24 Surpasses All Peers, May YTD Net Profit Growth YoY Only 3%

Taiwan Top 50 ETF Rebalance: One Change Expected in June

Taiwan Top 50 ETF Rebalance Preview: Short Covering Drives Alchip (3661 TT) Higher

Taiwan Top 50 ETF Rebalance: Alchip (3661 TT) Going Back-To-Back?

Yuanta/​P-Shares Taiwan Div+ ETF Rebalance Preview: 18% One-Way Turnover & US$2.74bn Trade

Periscope Analytics

Periscope Analytics focuses on event-driven trades across Asia Pacific and provides comprehensive, timely and systematic coverage of index changes to major Asia Pacific indices in a structured manner.

The analysis includes forecasted inclusions and exclusions to all major Asian indices that have significant amount of tracking assets, including estimates of passive buy/sell flow on the stocks. The service also provides commentary and impact of market consultations, ground rule changes, and other events (IPOs, spin-offs, M&A) that could lead to index changes and passive flow.

Periscope Analytics works with multi-strategy hedge funds, proprietary trading firms, stat arb trading groups and long-only investors that invest and trade in the Asia Pacific region with the data being used to trade index rebalances, avoid pre-positioning and passive flow, and to time entry into and exit from stocks.

Event-Driven Trades Across Asia Pacific

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/asia-vital-components" target="_blank" data-smartkarma-citation="entities:18397:1" rel="noopener">Asia Vital Components (3017 TT)</a> could replace <a href="https://www.smartkarma.com/entities/chang-hwa-commercial-bank" target="_blank" data-smartkarma-citation="entities:3494:1" rel="noopener">Chang Hwa Commercial Bank (2801 TT)</a> in the Yuanta/P-Shares Taiwan Top 50 ETF at the June rebalance.</li>
<li>This ETF inclusion for <a href="https://www.smartkarma.com/entities/asia-vital-components" target="_blank" data-smartkarma-citation="entities:18397:1" rel="noopener">Asia Vital Components (3017 TT)</a> could come back-to-back with another index inclusion scheduled for the end of May.</li>
<li>Shorts in <a href="https://www.smartkarma.com/entities/asia-vital-components" target="_blank" data-smartkarma-citation="entities:18397:1" rel="noopener">Asia Vital Components (3017 TT)</a> have been increasing recently while shorts in <a href="https://www.smartkarma.com/entities/chang-hwa-commercial-bank" target="_blank" data-smartkarma-citation="entities:3494:1" rel="noopener">Chang Hwa Commercial Bank (2801 TT)</a> are near their lows.</li>
</ul>



Asia Vital Components (3017 TT) could replace Chang Hwa Commercial Bank (2801 TT) in the Yuanta/P-Shares Taiwan Top 50 ETF at the June rebalance.
This ETF inclusion for Asia Vital Components (3017 TT) could come back-to-back with another index inclusion scheduled for the end of May.
Shorts in Asia Vital Components (3017 TT) have been increasing recently while shorts in Chang Hwa Commercial Bank (2801 TT) are near their lows.


Taiwan Top 50 ETF Rebalance Preview: Asia Vital Components (3017 TT) In Back-To-Back Inclusion?