bullish
Hang Seng Indexes: FAF Methodology Change for Secondary Listings; Over US$1bn to Buy in NetEase
Brian has highlighted this Insight as a Top Pick
1.4k Views23 Mar 2025 21:30
The FAF methodology for Secondary Listings changes in June. FAF increases for 6 stocks and decreases for 1. The FAF and capping changes result in a round-trip trade of HK$34.2bn (US$4.4bn).
What is covered in the Full Insight:
- Introduction to Methodology Change
- Affected Stocks and FAF Adjustments
- Impact on Various Indexes
- Passive Flow Expectations
- Conclusions
Boomeranged on Sun, 30 Mar 2025 20:20
The big buys are up in the last week: NetEase (+3.75%), Baidu (+2.1%), Trip.com (+1.8%) while the headline indices are down: HSI (-1.1%), HSCEI (-1.55%), HSTECH (-2.4%).
The largest sells have underperformed the indices: Kuaishou (-5.4%), Li Auto (-1.7%), XPeng (-7.5%), Lenovo (-3.9%)
There should be further outperformance over the next couple of months though there will be swings in between.
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Full Insight
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