US stock market · May 17, 2024 0

<Research>CICC's Prediction of Passive Capital Flow on Weighting Changes After MSCI China Index Qtr Review (Table)

(1) CICC has listed the estimated passive capital inflows of some MSCI China Index constituents with relatively larger weighting increases after the quarterly review:

Stock│Weighting Increase│Predicted Passive Capital Inflows
TENCENT (00700.HK)  +1.400 (+0.356%)    Short selling $1.07B; Ratio 9.649%   │+0.149%│US$154 million inflow
HISENSE HA (00921.HK)  -1.750 (-4.528%)    Short selling $46.96M; Ratio 26.957%   │+0.08%│US$82.9 million inflow
MMG (01208.HK)  +0.110 (+2.778%)    Short selling $21.51M; Ratio 11.269%   │+0.071%│US$74 million inflow
LI AUTO-W (02015.HK)  -3.800 (-3.811%)    Short selling $255.61M; Ratio 15.537%   │+0.066%│US$68 million inflow
KANZHUN (BZ.US)      │+0.043%│US$44.7 million inflow
PDD (PDD.US)      │+0.042%│US$43.7 million inflow
CHINAHONGQIAO (01378.HK)  -0.020 (-0.168%)    Short selling $22.92M; Ratio 5.587%   │+0.037%│US$38.1 million inflow
MEITUAN-W (03690.HK)  -0.600 (-0.478%)    Short selling $446.65M; Ratio 11.192%   │+0.036%│US$37.4 million inflow
CCB (00939.HK)  -0.050 (-0.847%)    Short selling $284.07M; Ratio 7.820%   │+0.035%│US$36 million inflow

(2) CICC also listed the estimated passive capital outflows of some MSCI China Index constituents with relatively larger weighting decreases after the quarterly review:

Stock│Weighting Decrease│Predicted Passive Capital Outflows
BABA-SW (09988.HK)  +6.000 (+7.528%)    Short selling $1.05B; Ratio 11.081%   │-0.271%│US$281 million outflow
ZAI LAB (09688.HK)  -0.620 (-3.846%)    Short selling $31.96M; Ratio 35.170%   │-0.098%│US$101 million outflow
KINGBOARD HLDG (00148.HK)  +0.200 (+0.990%)    Short selling $25.92M; Ratio 28.897%   │-0.082%│US$85.3 million outflow
CG SERVICES (06098.HK)  +0.610 (+9.823%)    Short selling $45.47M; Ratio 6.908%   │-0.08%│US$83.4 million outflow
ZA ONLINE (06060.HK)  +0.940 (+6.421%)    Short selling $27.51M; Ratio 19.150%   │-0.067%│US$69.5 million outflow
CMS (00867.HK)  +0.030 (+0.420%)    Short selling $24.11M; Ratio 30.356%   │-0.062%│US$64.7 million outflow
YUEXIU PROPERTY (00123.HK)  +0.610 (+10.517%)    Short selling $69.89M; Ratio 11.826%   │-0.054%│US$55.6 million outflow
EAST BUY (01797.HK)  +0.140 (+0.744%)    Short selling $8.96M; Ratio 2.144%   │-0.046%│US$47.9 million outflow
CHINA CINDA (01359.HK)  +0.030 (+3.846%)    Short selling $16.67M; Ratio 13.495%   │-0.046%│US$47.4 million outflow
SANY INT'L (00631.HK)  +0.100 (+1.451%)    Short selling $27.79M; Ratio 14.530%   │-0.044%│US$45.8 million outflow
CHINA OVS PPT (02669.HK)  +0.300 (+5.217%)    Short selling $28.08M; Ratio 13.351%   │-0.042%│US$43.8 million outflow

(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-05-17 16:25.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)