Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Jiangsu Cnano Technology Co Ltd-A and more

In today’s briefing:

  • STAR50 Index Rebalance Preview: Two Changes in June (Possibly)

STAR50 Index Rebalance Preview: Two Changes in June (Possibly)

By Brian Freitas

  • The review period for the June rebalance ends 30 April. We expect the changes to be announced 26 May with the implementation taking place after the close on 9 June.
  • We expect the index committee to continue using a 6-month minimum listing history resulting in two changes to the index.
  • One way turnover is estimated at 1.6% resulting in a one-way trade of CNY 1,442m. The impact on the deletions will be larger than that on the inclusions.

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