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

Brian Freitas

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian markets.

Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd.

It is important to note that the information provided by Periscope Analytics is based on publicly available data and own knowledge, which has been gathered and synthesized from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions.

All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include, but are not limited to, company announcements, exchange filings, ETF and other passive investment vehicle holdings, and free float and volume data from third-party data providers. Periscope Analytics does not guarantee the accuracy and completeness of the forecasts, estimates and/or other information.

Pan-Asia Index Rebalances/ Events/ Delta One

Thoughts on Amazon –What Does Its Valuation Tells Us?

Netflix & Amazon Expand in Korea – Not a Coincidence

Okja: The Fight Between Netflix Vs. CJ CGV

Quantitative Analysis

China Railway Signal & Communication (3969 HK)

<p>The China STAR market (or the Science and Technology Innovation Board, or China's reply to the NASDAQ) started trading on Monday, 22 July with 25 stocks listed. The day 1 average return across the 25 stocks was 139.55% with  minimum return of 84.22% and a maximum return of 400.15%.</p>
<p>In this note we look at the timeline from announcement to implementation, some of the rules governing listing and trading, a look at the stocks, their valuations, the IPO raise and the first few trading days, how it compares to the ChiNext market, the introduction of indices that could lead to ETFs bringing passive money into the market, and the possibility of these stocks entering global indices.</p>

The China STAR market (or the Science and Technology Innovation Board, or China's reply to the NASDAQ) started trading on Monday, 22 July with 25 stocks listed. The day 1 average return across the 25 stocks was 139.55% with  minimum return of 84.22% and a maximum return of 400.15%.
In this note we look at the timeline from announcement to implementation, some of the rules governing listing and trading, a look at the stocks, their valuations, the IPO raise and the first few trading days, how it compares to the ChiNext market, the introduction of indices that could lead to ETFs bringing passive money into the market, and the possibility of these stocks entering global indices.

China Railway Signal & Communi (688009 CH)

STAR Board: A Shooting STAR or Here to Stay?