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

Xiaomi (1810 HK): Qualitative Review of Pandemic Impacts in 1Q2020

Xiaomi (1810 HK): Huawei Moving Focus Back to Consumer Business

China Internet Weekly (13Apr2020): Tencent, BILI, Xiaomi, TCOM, IQ, TAL

Xiaomi Corp (1810 HK) - Stalled Buyback Should Restart

HSCEI - Implications of Proposed Changes: WVR, Secondary Listings, Red/P-Chip Selection Criteria

Xiaomi 3Q2019 Results: Slowest Ever Quarterly Revenue Growth for the Company

HSCEI Dividends - Index Review Could Lower Fair Value

Event-Driven

<p>Since we published our earlier Insight, <a href="https://www.smartkarma.com/insights/xiaomi-corp-1810-hk-stalled-buyback-should-restart" target="_blank" rel="noopener" data-smartkarma-citation="insights:34515">Xiaomi Corp (1810 HK) - Stalled Buyback Should Restart</a>, the <a href="https://www.smartkarma.com/entities/xiaomi-corp" target="_blank" rel="noopener" data-smartkarma-citation="entities:24409:1">Xiaomi Corp (1810 HK)</a> stock has rallied 59% in two months driven by a resumed buyback, better the expected gross margins and profits in 3Q19, the launch of the Redmi K30 5G smartphone, and mainland investors piling into the stock via Southbound Connect. </p>
<p>Given the sharp rally and the flows over the last couple of months, we would recommend taking profit on the position and to go short once the stock starts to exhibit weakness and tapering of Southbound flows.</p>

Since we published our earlier Insight, Xiaomi Corp (1810 HK) - Stalled Buyback Should Restart, the Xiaomi Corp (1810 HK) stock has rallied 59% in two months driven by a resumed buyback, better the expected gross margins and profits in 3Q19, the launch of the Redmi K30 5G smartphone, and mainland investors piling into the stock via Southbound Connect. 
Given the sharp rally and the flows over the last couple of months, we would recommend taking profit on the position and to go short once the stock starts to exhibit weakness and tapering of Southbound flows.

Hang Seng China Enterprises Index (HSCEI INDEX)

Xiaomi Corp (1810 HK) - Are We There Yet?