Index Rebalance

HK A+H Connect Inclusion Event Study: 3Q2026 Update

29 Sep 2026 By Ke Yan, CFA
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Abstract: We update our March A+H Connect study with 18 ADDs since mid-March, 10 after stabilization and 8 on listing day, against 31 earlier events. After stabilization ends, H-shares now outperform A-shares for about 20 trading days after the Connect ADD, the reverse of the March pattern. On listing-day ADDs, Southbound holdings built faster than on ADDs after stabilization, yet most H-shares fell below the IPO price within 20 trading days.

MIDEA (300 HK) SF (6936 HK) LOPAL TECH (2465 HK) WUXI LEAD (470 HK) VGT (2476 HK) ESTUN (2715 HK) DAJIN (1081 HK) SG MICRO (3661 HK) CFMEE (9630 HK) ANKER (668 HK) LUXSHARE ICT (2475 HK) CCTC (6951 HK) NEXCHIP (2249 HK) ZJ INNOLIGHT (3308 HK) DELTON (1989 HK) NSING TECH (2701 HK) MABWELL (2493 HK) COFOE MEDICAL (1187 HK) SENIOR MATERIAL (6067 HK) LINGYI ITECH (1688 HK) DTECH (1377 HK) BEFAR (6745 HK)

Highlighted Stocks

MIDEA, SF, LOPAL TECH, WUXI LEAD, VGT, ESTUN, DAJIN, SG MICRO, CFMEE, ANKER, LUXSHARE ICT, CCTC, NEXCHIP, ZJ INNOLIGHT, DELTON, NSING TECH, MABWELL, COFOE MEDICAL, SENIOR MATERIAL, LINGYI ITECH, DTECH, BEFAR

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