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

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

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>Sai Gon VRG Investment Corporation (SIP VN) will be added to the MarketVector Vietnam Local Index at the close on 20 December.</li>
<li>Estimated one-way turnover is 5.1% and that results in a one-way trade of US$23m. There are a few stocks with more than 1x ADV to buy from passives.</li>
<li>The largest passive inflows will be in <a href="https://www.smartkarma.com/entities/vix-securities-joint-stock-company" target="_blank" data-smartkarma-citation="entities:35885:1" rel="noopener">VIX Securities (VIX VN)</a>, <a href="https://www.smartkarma.com/entities/vietnam-dairy-products-jsc" target="_blank" data-smartkarma-citation="entities:19635:1" rel="noopener">Vietnam Dairy Products JSC (VNM VN)</a>, <a href="https://www.smartkarma.com/entities/hoa-phat-group-jsc" target="_blank" data-smartkarma-citation="entities:5813:1" rel="noopener">Hoa Phat Group Jsc (HPG VN)</a> and <a href="https://www.smartkarma.com/entities/jsc-bank-for-foreign-trade-of-vietnam-vietcombank" target="_blank" data-smartkarma-citation="entities:23054:1" rel="noopener">Vietcombank (VCB VN)</a>. </li>
</ul>


Sai Gon VRG Investment Corporation (SIP VN) will be added to the MarketVector Vietnam Local Index at the close on 20 December.
Estimated one-way turnover is 5.1% and that results in a one-way trade of US$23m. There are a few stocks with more than 1x ADV to buy from passives.
The largest passive inflows will be in VIX Securities (VIX VN), Vietnam Dairy Products JSC (VNM VN), Hoa Phat Group Jsc (HPG VN) and Vietcombank (VCB VN). 


MarketVector Vietnam Local Index Rebalance: One Add, Float & Capping Changes

Metals, Ores, and Mining Firms, Mint Finance

Pranay Yadav

Metals, Ores, and Mining Firms

Deep Fundamental Analysis

Mint Finance

Mint Finance's investment research blends deep fundamental analysis with technical & quant insights. Investment strategies straddle across multiple asset classes with risk management embedded into every trade to deliver an outsized reward-to-risk ratio.

Mint Finance's research is centered around three key themes. First, energy transition and climate change. Second, artificial intelligence. Third, shifting world order with its impact across politics and monetary economics.

Cross Asset Strategy

<ul>
<li>Vietnam is streamlining transactions for foreign investors through market reforms as it seeks reclassification from frontier to emerging market status, a change that could drive substantial inflows into its equities.</li>
<li>Vietnam's strategic location, low labor costs, and "China Plus One" strategy make it a key player in global manufacturing. Strong domestic growth suggests equity upside.</li>
<li>The iEdge Vietnam 30 Sector Cap Index provides exposure to Real Estate, Financial Services, and Manufacturing. The index’s forward P/E of 13.65 suggests strong earnings growth ahead.</li>
</ul>


Vietnam is streamlining transactions for foreign investors through market reforms as it seeks reclassification from frontier to emerging market status, a change that could drive substantial inflows into its equities.
Vietnam's strategic location, low labor costs, and "China Plus One" strategy make it a key player in global manufacturing. Strong domestic growth suggests equity upside.
The iEdge Vietnam 30 Sector Cap Index provides exposure to Real Estate, Financial Services, and Manufacturing. The index’s forward P/E of 13.65 suggests strong earnings growth ahead.


Vietnam's Equities Poised To Recover On The Back Of Potential Market Upgrade And Easing Overhang

<ul>
<li>Viettel Construction (CTR VN) and EVN Finance (EVF VN) will be added to the MarketVector Vietnam Local Index at the close on 21 June.</li>
<li>Estimated one-way turnover is 5.2% and that results in a one-way trade of US$27m. There are 3 stocks with more than 1x ADV to buy from passives.</li>
<li>There will be over US$1m to buy in <a href="https://www.smartkarma.com/entities/vinhomes-jsc" target="_blank" data-smartkarma-citation="entities:27079:1" rel="noopener">Vinhomes (VHM VN)</a>, <a href="https://www.smartkarma.com/entities/bank-for-foreign-trade-of-vietnam" target="_blank" data-smartkarma-citation="entities:23054:1" rel="noopener">Bank for Foreign Trade of Vietnam (VCB VN)</a> and <a href="https://www.smartkarma.com/entities/vingroup-jsc" target="_blank" data-smartkarma-citation="entities:13213:1" rel="noopener">Vingroup Jsc (VIC VN)</a>. </li>
</ul>


Viettel Construction (CTR VN) and EVN Finance (EVF VN) will be added to the MarketVector Vietnam Local Index at the close on 21 June.
Estimated one-way turnover is 5.2% and that results in a one-way trade of US$27m. There are 3 stocks with more than 1x ADV to buy from passives.
There will be over US$1m to buy in Vinhomes (VHM VN), Bank for Foreign Trade of Vietnam (VCB VN) and Vingroup Jsc (VIC VN). 


MarketVector Vietnam Local Index Rebalance: Two Adds and Other Changes

Vietnam Dairy Products JSC / Event-Driven

<ul>
<li>CEO Group JSC (CEO VN) will be added to the MarketVector Vietnam Local Index at the close on 15 December.</li>
<li>Estimated one-way turnover is 5.24% and that results in a one-way trade of US$30m. There are a couple of stocks with more than 1x ADV to buy from passives.</li>
<li>The largest passive inflows will be in Vingroup Jsc (VIC VN), Vietnam Dairy Products JSC (VNM VN), CEO Group JSC (CEO VN) and Vinhomes (VHM VN). </li>
</ul>


CEO Group JSC (CEO VN) will be added to the MarketVector Vietnam Local Index at the close on 15 December.
Estimated one-way turnover is 5.24% and that results in a one-way trade of US$30m. There are a couple of stocks with more than 1x ADV to buy from passives.
The largest passive inflows will be in Vingroup Jsc (VIC VN), Vietnam Dairy Products JSC (VNM VN), CEO Group JSC (CEO VN) and Vinhomes (VHM VN). 


MarketVector Vietnam Local Index Rebalance: One Add & Other Changes

Product Marketing Manager, Criat

Raghav Chandra Mathur

Product Marketing Manager

Next-Generation Credit Analytics Provider

Criat

Criat specializes in new-generation data-driven credit analytics. Leveraging our industry-leading DeepCredit analytical technologies, we produce daily-updated forward-looking credit assessment and valuation to help financial institutions stay ahead of risks. Coupled with use-case-driven applications, we extract insights, answer questions and enable smarter credit decisions.

<ul><li>The ASEAN banking sector’s credit profile has experienced differing credit trends post the COVID-19 pandemic.</li><li>Although the initial recovery in the credit profile of the region’s banking sector post- pandemic can be attributed to the fiscal and monetary support provided to both financial and non-financial corporate by local governments, more recent credit trends suggest that macroeconomic challenges, which include higher- for-longer interest rates amidst high domestic inflation and lagging economic growth, have led to diverging trends to recovery within the bloc.</li><li>Immediate responses to the pandemic shock by major ASEAN economies’ governments aided in reducing the credit risk across the financial sector.</li></ul>

The ASEAN banking sector’s credit profile has experienced differing credit trends post the COVID-19 pandemic.Although the initial recovery in the credit profile of the region’s banking sector post- pandemic can be attributed to the fiscal and monetary support provided to both financial and non-financial corporate by local governments, more recent credit trends suggest that macroeconomic challenges, which include higher- for-longer interest rates amidst high domestic inflation and lagging economic growth, have led to diverging trends to recovery within the bloc.Immediate responses to the pandemic shock by major ASEAN economies’ governments aided in reducing the credit risk across the financial sector.

ASEAN Banks Walked Diverging Paths to Recovery Post-Pandemic

Vietnam

Market Vectors Vietnam ETF is an exchange traded fund incorporated in the USA. The Fund's objective is to replicate as closely as possible the price and yield performance of the Market Vectors Vietnam Index. The Fund invests at least 80% of its total assets in securities that comprise the Fund's benchmark index.

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Market Vectors Vietnam ETF (VNM US)

MarketVector Vietnam Local Index Rebalance: One Add, Float & Capping Changes

Saigon Vrg Investment will be added to the index at the close 20 December. Estimated one-way turnover is 5.1% and that results in a one-way trade...

Brian Freitas

Vietnam's Equities Poised To Recover On The Back Of Potential Market Upgrade And Easing Overhang

Vietnam’s investment case is bolstered by its global manufacturing appeal, concentrated sector opportunities with promising growth, and early signs...

Mint Finance

MarketVector Vietnam Local Index Rebalance: Two Adds and Other Changes

Viettel Construction and EVN Finance will be added to the index at the close on 21 June. Estimated one-way turnover is 5.2% and that results in a...

Brian Freitas

MarketVector Vietnam Local Index Rebalance: One Add & Other Changes

CEO Group (CEO VN) is an add. Estimated one-way turnover is 5.24% and that results in a one-way trade of US$30m. There are a couple of stocks with...

Brian Freitas

ASEAN Banks Walked Diverging Paths to Recovery Post-Pandemic

The ASEAN banking sector’s credit profile has experienced differing credit trends post the COVID-19 pandemic. Although the initial recovery in the...

Criat

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52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)