Asia Pac ECM and Index Rebal, DZT Research

Ke Yan, CFA, FRM

An inquisitive investment analyst with background in both finance and computing. Covering ECM research, biotech, market data analytics.

Asia Pac ECM and Index Rebal

Asia Equities: Model Portfolio Changes - More to Chinese EV Supply Chain, Less to AI Losers

Asian Equities: The Earnings Juggernaut Is Rolling on and Getting Broad-Based

Asian Equities: Model Portfolio Completes a Year; More to AI Picks and Shovels, Selectively to LLMs

Northbound Flows (4Q2025): CATL, CATL, Moutai, Moutai, Luxshare Precision, Luxshare Precision

Northbound Flows (2Q2025): Catl, Moutai, Midea, Jiangsu Hengrui Medicine

Northbound Flows (1Q2025): BYD, Naura Technology, Cmb, Yangtze Power, Weichai Power

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyze the 1Q2026 Shanghai/Shenzhen northbound Connect flows with our data engine as the exchange changed the rule to only disclose north bound position once a quarter.</li>
<li>We estimate that the outflows in 1Q2026 were US$1,441 million and holdings were US$379 billion.</li>
<li>We highlight flows for CATL, ZHONGJI INNOLIGHT, SUZHOU TFC OPTICAL COMMUNICATION, EOPTOLINK TECHNOLOGY, ZHEJIANG CENTURY HUATONG, Luxshare Precision.</li>
</ul>


We analyze the 1Q2026 Shanghai/Shenzhen northbound Connect flows with our data engine as the exchange changed the rule to only disclose north bound position once a quarter.
We estimate that the outflows in 1Q2026 were US$1,441 million and holdings were US$379 billion.
We highlight flows for CATL, ZHONGJI INNOLIGHT, SUZHOU TFC OPTICAL COMMUNICATION, EOPTOLINK TECHNOLOGY, ZHEJIANG CENTURY HUATONG, Luxshare Precision.


Honyu Wear Resistant New Matrs (300345 CH)

Wus Printed Circuit (Kunshan) Co,Ltd. (002463 CH)

Jiangsu Zhongtian Technologies Co, Ltd. (600522 CH)

Zhejiang Shuanghuan Driveline (002472 CH)

Shenzhen Inovance Technology Co., (300124 CH)

Chongqing Department Store Co. (600729 CH)

Contemporary Amperex Technology (CATL) (300750 CH)

Shanghai Baosteel Packaging-A (601968 CH)

OmniVision Integrated Circuits Group (603501 CH)

Shanghai Haohai Biological Tec (688366 CH)

Sunresin New Materials Co Ltd (300487 CH)

Shenzhen Bingchuan Network Co (300533 CH)

DaShenLin Pharmaceutical Group (603233 CH)

Advanced Micro-Fabrication Equ (688012 CH)

Anji Microelectronics Technology (688019 CH)

Yuanjie Semiconductor Technology (688498 CH)

북행 흐름 (2026년 1분기): CATL, CATL, ZHONGJI INNOLIGHT, ZHONGJI INNOLIGHT