To The Moon

Hang Seng Indexes Company Limited announced the results of its latest quarterly review on August 16. There was no change in the constituents of $HSI(HSI)$ and only a change in the weighting of the $HSCEI ETF(02828)$ and the $HSTECH(HSTECH)$ .While $Hang Seng China Enterprises (02828)$ have reconstituents.

The changes will be implemented after market close on September 6, 2024 (Friday) and will be effective from September 9, 2024 (Monday).

Hang Seng China Enterprises Index

Newly added:

$J&T EXPRESS-W(01519)$

$NEW ORIENTAL-S(09901)$

Will be excluded:

$SENSETIME-W(00020)$

$JD LOGISTICS(02618)$

Constituents will remain at 50, and the replacement of Jingdong Logistics with J&T Express $PDD Holdings Inc(PDD)$ counts as ato be a mark of the times.

Impact on individual stocks:

• $J&T EXPRESS-W(01519)$ which is expected to bring in passive inflows of $31.63 million, with an inflow duration of about 2.2 days based on average trading volume over the past 30 days

• $NEW ORIENTAL-S(09901)$ , which is expected to generate inflows of $25.3 million, with an expected inflow duration of 0.8 days

• Passive capital outflow time, Jingdong Logistics will bring about $14.6 million, with an impact of about 1.9 days

• Shangtang-W will bring in $17.03 million in passive capital outflows, with an impact time of 0.2 days

Hang Seng Technology

Newly added:

Include $ASMPT(00522)$ with a weight of 1.62%;

Will be excluded:

$PA GOODDOCTOR(01833)$ excluded with a 0.43% weighting

Impact on individual stocks:

• $ASMPT(00522)$ is expected to bring in passive capital inflows of $238 million, with an inflow duration of about 9 days based on average trading volume over the past 30 days

• $PA GOODDOCTOR(01833)$ is expected to generate passive outflows of $63.26 million with an impact time of 10 days.