According to a report from CICC, Hang Seng Indexes Company will announce the semi-annual review results of the Hang Seng series of indexes after the market closes on August 22 (with the review cut-off date being June 30, 2025).The results will involve major flagship indexes of Hong Kong stocks such as the HSI, HSCEI, and HSTECH, as well as the Hang Seng Composite Index that is closely related to the investment scope of the Southbound Stock Connect.Related NewsCICC Lists Individual Stocks w/ Largest Southbound Capital Inflows/ Outflows in 2Q (Based on Top 10 Active Individual Stocks in Stock Connect) (Table)Due to the typically dramatic changes in the semi-annual review and the large scale of passive funds tracking the flagship indexes (according to Bloomberg and Wind statistics, the ETF scale tracking the HSI/ HSCEI/ HSTECH at around USD30.35 billion/ USD6.63 billion/ USD26.12 billion), potential changes in constituent stocks and corresponding capital flows are worth focusing on.Based on currently available public data, CICC previewed potential adjustments as follows for investor reference. In terms of HSI adjustments, BANKCOMM (03328.HK) -0.080 (-1.085%) Short selling $26.53M; Ratio 17.051% , POP MART (09992.HK) -2.600 (-1.028%) Short selling $126.19M; Ratio 3.849% , INNOVENT BIO (01801.HK) +1.200 (+1.361%) Short selling $185.69M; Ratio 10.318% , and YUM CHINA (09987.HK) -8.200 (-2.129%) Short selling $10.76M; Ratio 8.714% will be among the top candidates for inclusion.Based on the HSI adjustment methodology and understanding and verification of non-quantitative subjective adjustment criteria through multiple previous actual adjustment results, the broker estimated that BANKCOMM, POP MART, YUM CHINA, XPENG-W (09868.HK) -0.250 (-0.329%) Short selling $294.29M; Ratio 14.803% , HWORLD-S (01179.HK) +0.100 (+0.377%) Short selling $10.25M; Ratio 14.750% , JD LOGISTICS (02618.HK) +0.320 (+2.286%) Short selling $9.47M; Ratio 7.708% , and INNOVENT BIO will be ranked at the forefront of the HSI and may become potential candidates for inclusion.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-07-24 16:25.)Related NewsCICC Continues to Favor Hike in CN Banks, Believes H-shr Banks Better Than A-shr