can trade $150m/day) — Hedge with 2823 HK puts. Under the new proposal the Consumer sector would gain the most in weight. BOAML has a BUY rating on Kweichow Moutai (600519 CH), Midea (000333 CH), Wuliangye Yibin (000858 CH), Yili Industrial (600887 CH), Gree Electric (000651 CH), Qingdao Haier (600690 CH) and C