Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Pan-Asia Index Flows & Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<ul>
<li>In this insight, we take a look at the names leading the race to become ADDs/DELs for the T50 and T100 Indices for the June 2024 index rebal event.</li>
<li>I do not see any changes for the T50 index but there could be at least four changes for the T100 index based on current data.</li>
<li>If prices fluctuate significantly between now and the base date, there could be more changes.</li>
</ul>


In this insight, we take a look at the names leading the race to become ADDs/DELs for the T50 and T100 Indices for the June 2024 index rebal event.
I do not see any changes for the T50 index but there could be at least four changes for the T100 index based on current data.
If prices fluctuate significantly between now and the base date, there could be more changes.


Quiddity Leaderboard T50/​​​100 Jun 24: TDIV Deletion Likely for Bizlink and Farglory Land

Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Mar 22nd which has an aggregated short interest worth USD73.8bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Evergreen Marine, Getac Holdings, Lite-On Tech, Nanya Tech, Alchip Tech, TSMC, Chung-Hsin.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Mar 22nd which has an aggregated short interest worth USD73.8bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Evergreen Marine, Getac Holdings, Lite-On Tech, Nanya Tech, Alchip Tech, TSMC, Chung-Hsin.


TWSE Short Interest Weekly (Mar 22nd): Evergreen Marine, Getac Holdings, Lite-On Tech, Nanya Tech

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Mar 15th which has an aggregated short interest worth USD70.1bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Wistron, Hon Hai, Asia Vital, Wt, Umc, Unimicron Tech, Wiwynn, Mediatek.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Mar 15th which has an aggregated short interest worth USD70.1bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Wistron, Hon Hai, Asia Vital, Wt, Umc, Unimicron Tech, Wiwynn, Mediatek.


TWSE Short Interest Weekly (Mar 15th): Wistron, Hon Hai, Asia Vital, Wt, Umc, Unimicron Tech, Wiwynn

<ul>
<li>In this insight, we take a look at Quiddity's flow expectations for the March 2024 index rebal event.</li>
<li>Today is the base date for the March 2024 index rebalance. Based on the closing prices today, I expect one DEL for the TDIV index in March 2024.</li>
<li>Separately, I also expect the AUM assumption to be revised in March 2024.</li>
</ul>


In this insight, we take a look at Quiddity's flow expectations for the March 2024 index rebal event.
Today is the base date for the March 2024 index rebalance. Based on the closing prices today, I expect one DEL for the TDIV index in March 2024.
Separately, I also expect the AUM assumption to be revised in March 2024.


Quiddity Leaderboard TDIV Mar 24: 8 Days to Sell in Bizlink

<ul>
<li>In this insight, we take a look at Quiddity's flow expectations for the March 2024 index rebal event.</li>
<li>Based on current data, I expect there to be one DEL for the TDIV index in March. I also expect the AUM assumption to change.</li>
<li>According to my calculations, these changes could collectively trigger index flows of ~US$150mn one-way resulting in some index members expected to have multiple days of volume to trade.</li>
</ul>


In this insight, we take a look at Quiddity's flow expectations for the March 2024 index rebal event.
Based on current data, I expect there to be one DEL for the TDIV index in March. I also expect the AUM assumption to change.
According to my calculations, these changes could collectively trigger index flows of ~US$150mn one-way resulting in some index members expected to have multiple days of volume to trade.


Quiddity Leaderboard TDIV Mar 24: Potential DEL and AUM Assumption Change to Trigger Index Flows

Taiwan

Farglory Land Development Co., Ltd. develops and sells residential and commercial buildings which are constructed by independent contractors.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
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Dividend (Yield)	0.00

Farglory Land Development (5522 TT)

Quiddity Leaderboard T50/100 Jun 24: TDIV Deletion Likely for Bizlink and Farglory Land

Bizlink and Farglory Land are TDIV members. If TDIV index members get deleted from the T50+T100 index universe, those names will also get deleted...

Janaghan Jeyakumar, CFA

TWSE Short Interest Weekly (Mar 22nd): Evergreen Marine, Getac Holdings, Lite-On Tech, Nanya Tech

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Evergreen Marine, Getac Holdings, Lite-On Tech,...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Mar 15th): Wistron, Hon Hai, Asia Vital, Wt, Umc, Unimicron Tech, Wiwynn

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Wistron, Hon Hai, Asia Vital, Wt, Umc, Unimicron...

Ke Yan, CFA, FRM

Quiddity Leaderboard TDIV Mar 24: 8 Days to Sell in Bizlink

There could be 8+ days of volume to sell in Bizlink if the expected T100 and TDIV deletions of the stock gets confirmed. I expect the stock to...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard TDIV Mar 24: Potential DEL and AUM Assumption Change to Trigger Index Flows

Bizlink Holding (3665 TT), Farglory Land Development (5522 TT), TA Chen Stainless Pipe (2027 TT), and King's Town Bank (2809 TT) are estimated to...

Janaghan Jeyakumar, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Quiddity Leaderboard T50/​​​100 Jun 24: TDIV Deletion Likely for Bizlink and Farglory Land

Bizlink and Farglory Land are TDIV members. If TDIV index members get deleted from the T50+T100 index universe, those names will also get deleted...

Janaghan Jeyakumar, CFA

TWSE Short Interest Weekly (Mar 22nd): Evergreen Marine, Getac Holdings, Lite-On Tech, Nanya Tech

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Evergreen Marine, Getac Holdings, Lite-On Tech,...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Mar 15th): Wistron, Hon Hai, Asia Vital, Wt, Umc, Unimicron Tech, Wiwynn

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Wistron, Hon Hai, Asia Vital, Wt, Umc, Unimicron...

Ke Yan, CFA, FRM

Quiddity Leaderboard TDIV Mar 24: 8 Days to Sell in Bizlink

There could be 8+ days of volume to sell in Bizlink if the expected T100 and TDIV deletions of the stock gets confirmed. I expect the stock to...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard TDIV Mar 24: Potential DEL and AUM Assumption Change to Trigger Index Flows

Bizlink Holding (3665 TT), Farglory Land Development (5522 TT), TA Chen Stainless Pipe (2027 TT), and King's Town Bank (2809 TT) are estimated to...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard T50/100 Jun 24: TDIV Deletion Likely for Bizlink and Farglory Land