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

Shanghai Rural Commercial Bank / Event-Driven

<ul>
<li>CSI 300 represents the 300 largest stocks by market cap and liquidity from the Shanghai and Shenzhen Exchanges. CSI 500 is the next 500.</li>
<li>In this insight, we take a look at the potential ADDs and DELs leading the race for the semiannual index rebal event in December 2024.</li>
<li>Our expected ADDs and DELs baskets have changed slightly since our <a href="https://www.smartkarma.com/insights/quiddity-leaderboard-csi-300-500-dec-24-positive-start-to-the-trade-some-changes-to-expectations" target="_blank" rel="noopener">last insight</a>.</li>
</ul>


CSI 300 represents the 300 largest stocks by market cap and liquidity from the Shanghai and Shenzhen Exchanges. CSI 500 is the next 500.
In this insight, we take a look at the potential ADDs and DELs leading the race for the semiannual index rebal event in December 2024.
Our expected ADDs and DELs baskets have changed slightly since our last insight.


Quiddity Leaderboard CSI 300/​​500 Dec 24: US$4.3bn One-Way Flows; Exp.ADDs Vs DELs Rebound Possible

<ul>
<li>CSI 300 represents the 300 largest stocks by market cap and liquidity from the Shanghai and Shenzhen Exchanges. CSI 500 is the next 500.</li>
<li>In this insight, we take a look at the potential ADDs and DELs leading the race for the semiannual index rebal event in December 2024.</li>
<li>There have been multiple changes to our expected ADDs/DELs list since <a href="https://www.smartkarma.com/insights/quiddity-leaderboard-csi-300-500-dec-24-a-long-short-basket-trade-idea-with-high-momentum" target="_blank" rel="noopener">our last insight</a>.</li>
</ul>


CSI 300 represents the 300 largest stocks by market cap and liquidity from the Shanghai and Shenzhen Exchanges. CSI 500 is the next 500.
In this insight, we take a look at the potential ADDs and DELs leading the race for the semiannual index rebal event in December 2024.
There have been multiple changes to our expected ADDs/DELs list since our last insight.


Quiddity Leaderboard CSI 300/​​500 Dec 24: Positive Start to the Trade; Some Changes to Expectations

<ul>
<li>CSI 300 represents the 300 largest stocks by market cap and liquidity from the Shanghai and Shenzhen Exchanges. CSI 500 is the next 500.</li>
<li>In this insight, we take a look at the potential ADDs and DELs leading the race for the semiannual index rebal event in December 2024.</li>
<li>Currently, we see 16 ADDs/DELs for the CSI 300 index and 50 ADDs/DELs for the CSI 500 index.</li>
</ul>


CSI 300 represents the 300 largest stocks by market cap and liquidity from the Shanghai and Shenzhen Exchanges. CSI 500 is the next 500.
In this insight, we take a look at the potential ADDs and DELs leading the race for the semiannual index rebal event in December 2024.
Currently, we see 16 ADDs/DELs for the CSI 300 index and 50 ADDs/DELs for the CSI 500 index.


Quiddity Leaderboard CSI 300/​​500 Dec 24:  A Long-Short Basket Trade Idea with High Momentum

<ul>
<li>CSI 300 represents the 300 largest stocks by market cap and liquidity from the Shanghai and Shenzhen Exchanges. CSI 500 is the next 500.</li>
<li>The reference period for the June 2024 review is now complete. There are some changes to the expected ADDs/DELs list since I published my last insight (<a href="https://www.smartkarma.com/insights/quiddity-leaderboard-csi-300-500-jun-24-shorts-down-11-vs-index-since-mid-feb-change-the-hedge" target="_blank" rel="noopener">link</a>) ~3 weeks ago.</li>
<li>In this insight, we take a look at our final expectations for index changes in June 2024.</li>
</ul>


CSI 300 represents the 300 largest stocks by market cap and liquidity from the Shanghai and Shenzhen Exchanges. CSI 500 is the next 500.
The reference period for the June 2024 review is now complete. There are some changes to the expected ADDs/DELs list since I published my last insight (link) ~3 weeks ago.
In this insight, we take a look at our final expectations for index changes in June 2024.


Quiddity Leaderboard CSI 300/​​500 Jun 24: Final Expectations; US$3.4bn One-Way; New Trade Idea

<ul>
<li>CSI 300 represents the 300 largest stocks by market capitalization and liquidity from the entire universe of Shanghai and Shenzhen Stock Exchanges. CSI 500 represents the next largest 500 names.</li>
<li>In this insight, we take a look at the potential ADDs/DELs for the CSI 300 and CSI 500 rebalance in June 2024.</li>
<li>Since my <a href="https://www.smartkarma.com/insights/quiddity-leaderboard-csi-300-500-jun-24-109-flow-names-us-2-3bn-one-way" target="_blank" rel="noopener">December 2023 insight</a>, a couple of names have left the CSI 300 Expected ADDs basket and have been replaced by two other names. </li>
</ul>


CSI 300 represents the 300 largest stocks by market capitalization and liquidity from the entire universe of Shanghai and Shenzhen Stock Exchanges. CSI 500 represents the next largest 500 names.
In this insight, we take a look at the potential ADDs/DELs for the CSI 300 and CSI 500 rebalance in June 2024.
Since my December 2023 insight, a couple of names have left the CSI 300 Expected ADDs basket and have been replaced by two other names. 


Quiddity Leaderboard CSI 300/​​500 Jun 24: Some Changes in Rankings; US$2.3bn One-Way

China

Shanghai Rural Commercial Bank Co., Ltd. operates banking businesses. The Company offers deposits, loans, settlement, wealth management, investment, and online banking services. Shanghai Rural Commercial Bank also conducts credit guarantee and safe deposit box businesses.

Shanghai Rural Commercial Bank (601825 CH)

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

Shanghai Rural Commercial Bank (601825 CH)

Quiddity Leaderboard CSI 300/500 Dec 24: US$4.3bn One-Way Flows; Exp.ADDs Vs DELs Rebound Possible

We expect 16 and 50 changes for CSI 300 and CSI 500 respectively. Collectively, the CSI 300 and CSI 500 expected changes could result in one-way...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard CSI 300/500 Dec 24: Positive Start to the Trade; Some Changes to Expectations

The CSI 300 rebalance could see 16 ADDs/DELs causing one-way flows of US$2.4bn while the CSI 500 rebalance could see 50 ADDs/DELs resulting in one...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard CSI 300/500 Dec 24: A Long-Short Basket Trade Idea with High Momentum

The CSI 300 and CSI 500 index rebal events could see one-way flows of US$2bn and US$2.5bn respectively. Since roughly a third of the reference...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard CSI 300/500 Jun 24: Final Expectations; US$3.4bn One-Way; New Trade Idea

The official changes is expected at the end of this month. I expect the names with clear positive flow expectations to outperform those with clear...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard CSI 300/500 Jun 24: Some Changes in Rankings; US$2.3bn One-Way

Collectively, the CSI 300 and CSI 500 expected changes basket can result in ~US$2.3bn index flows one-way. Around 70% of the reference period is...

Janaghan Jeyakumar, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Quiddity Leaderboard CSI 300/​​500 Dec 24: US$4.3bn One-Way Flows; Exp.ADDs Vs DELs Rebound Possible

We expect 16 and 50 changes for CSI 300 and CSI 500 respectively. Collectively, the CSI 300 and CSI 500 expected changes could result in one-way...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard CSI 300/​​500 Dec 24: Positive Start to the Trade; Some Changes to Expectations

The CSI 300 rebalance could see 16 ADDs/DELs causing one-way flows of US$2.4bn while the CSI 500 rebalance could see 50 ADDs/DELs resulting in one...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard CSI 300/​​500 Dec 24: A Long-Short Basket Trade Idea with High Momentum

The CSI 300 and CSI 500 index rebal events could see one-way flows of US$2bn and US$2.5bn respectively. Since roughly a third of the reference...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard CSI 300/​​500 Jun 24: Final Expectations; US$3.4bn One-Way; New Trade Idea

The official changes is expected at the end of this month. I expect the names with clear positive flow expectations to outperform those with clear...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard CSI 300/​​500 Jun 24: Some Changes in Rankings; US$2.3bn One-Way

Collectively, the CSI 300 and CSI 500 expected changes basket can result in ~US$2.3bn index flows one-way. Around 70% of the reference period is...

Janaghan Jeyakumar, CFA

Quiddity Leaderboard CSI 300/500 Dec 24: US$4.3bn One-Way Flows; Exp.ADDs Vs DELs Rebound Possible

Quiddity Leaderboard CSI 300/500 Dec 24: Positive Start to the Trade; Some Changes to Expectations

Quiddity Leaderboard CSI 300/500 Dec 24: A Long-Short Basket Trade Idea with High Momentum

Quiddity Leaderboard CSI 300/500 Jun 24: Final Expectations; US$3.4bn One-Way; New Trade Idea

Quiddity Leaderboard CSI 300/500 Jun 24: Some Changes in Rankings; US$2.3bn One-Way