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>There are 3 adds and 2 deletes for the <a href="https://www.smartkarma.com/entities/ishares-global-clean-energy-etf" target="_blank" data-smartkarma-citation="entities:32855:1" rel="noopener">iSharesGlobal Clean Energy ETF</a> while there are 2 adds and 2 deletes for the <a href="https://www.smartkarma.com/entities/ishares-global-water-ucits-etf-usd-dist" target="_blank" data-smartkarma-citation="entities:25600:1" rel="noopener">iShares Global Water UCITS ETF</a>.</li>
<li>With US$5bn benchmarked to the <a href="https://www.smartkarma.com/entities/ishares-global-clean-energy-etf" target="_blank" data-smartkarma-citation="entities:32855:1" rel="noopener">iSharesGlobal Clean Energy</a> and related ETFs, and US$3.5bn benchmarked to the <a href="https://www.smartkarma.com/entities/ishares-global-water-ucits-etf-usd-dist" target="_blank" data-smartkarma-citation="entities:25600:1" rel="noopener">iShares Global Water</a> and related ETFs, there is multiple days of ADV to trade.</li>
<li>We see a noticeable rise in cumulative excess volume over the last two trading sessions, so there will be positioning in the stocks. </li>
</ul>


There are 3 adds and 2 deletes for the iSharesGlobal Clean Energy ETF while there are 2 adds and 2 deletes for the iShares Global Water UCITS ETF.
With US$5bn benchmarked to the iSharesGlobal Clean Energy and related ETFs, and US$3.5bn benchmarked to the iShares Global Water and related ETFs, there is multiple days of ADV to trade.
We see a noticeable rise in cumulative excess volume over the last two trading sessions, so there will be positioning in the stocks. 


Clean Energy & Global Water ETFs: Changes for Asia & Impact

IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Guodian Technology & Environment Group / Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/guodian-technology-environment-group-corp" target="_blank" data-smartkarma-citation="entities:3941:1" rel="noopener">Guodian Technology &amp; Environment Group (1296 HK)</a>’s privatisation offer from China Energy is HK$1.08 per H share. The pre-condition was fulfilled on 22 April.  </li>
<li>The key conditions for the delisting will be approval by at least 75% of independent H-shareholders (&lt;10% of all independent H-shareholders rejection). There is no minimum acceptance condition.  </li>
<li>At last close and for a mid-June effective date (composite document despatched by 29 April), the gross and annualised spread to the offer is 2.9% and 19.9%, respectively.</li>
</ul>



Guodian Technology &amp; Environment Group (1296 HK)’s privatisation offer from China Energy is HK$1.08 per H share. The pre-condition was fulfilled on 22 April.  
The key conditions for the delisting will be approval by at least 75% of independent H-shareholders (&lt;10% of all independent H-shareholders rejection). There is no minimum acceptance condition.  
At last close and for a mid-June effective date (composite document despatched by 29 April), the gross and annualised spread to the offer is 2.9% and 19.9%, respectively.


Guodian Tech’s Offer Risk/Reward – Pre-Condition Satisfied

China

Xi'an Shaangu Power Co., Ltd. provides solutions and services to turbomachinery systems.  The Company's products include turbine compressers, industrial process energy recovery systems, and turbo blower units.

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Xi'An Shaangu Power Co, Ltd. (601369 CH)

Clean Energy & Global Water ETFs: Changes for Asia & Impact

There are 3 adds and 2 deletes for the iSharesGlobal Clean Energy ETF while there are 2 adds and 2 deletes for the iShares Global Water UCITS ETF....

Brian Freitas

Guodian Tech’s Offer Risk/Reward – Pre-Condition Satisfied

The composite document will be despatched by 29 April. The offer is attractive. At last close and for a mid-June effective date, the annualised...

Arun George

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52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)