Event-Driven

HSCI / HK Connect May 2026 Review Forecast

04 May 2026 By Ke Yan, CFA
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Abstract: We analyzed the HSCI eligible universe ahead of the Hang Seng Indexes Company May 2026 quarterly review, screening Q1 2026 listings for fast-entry qualification using data as of 31 March 2026. Our screen returns six stocks meeting the quantitative size threshold for HSLI or HSMI addition, with five rated high conviction and one mid conviction. The five high-conviction additions are KNOWLEDGE ATLAS (2513 HK, MV12 HKD 95.5bn, HSLI), BUSYMING (1768 HK, MV12 HKD 86.6bn, HSLI), ILUVATAR COREX (9903 HK, MV12 HKD 56.4bn, HSMI), BIREN TECH (6082 HK, MV12 HKD 41.0bn, HSMI), and HAIZHI TECH GP (2706 HK, MV12 HKD 34.7bn, HSMI). The sixth name, MINIMAX-W (100 HK, MV12 HKD 225.2bn, HSLI), is mid conviction due to two open questions: whether HSIL treats its Q1 listing date as valid given its P label specialist status was only lifted in March 2026, and its W share class, which disqualifies it from southbound Connect inclusion at the June effective date. We expect no deletions under the fast-entry rule.

MINIMAX (100 HK) BUSYMING (1768 HK) KNOWLEDGE ATLAS (2513 HK) HAIZHI TECH GP (2706 HK) BIREN TECH (6082 HK) ILUVATAR COREX (9903 HK)

Highlighted Stocks

MINIMAX, BUSYMING, KNOWLEDGE ATLAS, HAIZHI TECH GP, BIREN TECH, ILUVATAR COREX

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