Korea Loan Guarantees: A Pair Trade Between Shinsegae & Hyundai Dept Store
Four major reasons why we prefer Shinsegae vs Hyundai Dept Store include negative impact from equity spin-off, increasing leverage (including loan...
489 Views
Bionote IPO Trading - Weakest Demand Even After Cutting Price and Size
Bionote (377740 KS) raised US$72.2m in its Korean IPO. In this note, we will talk about the demand for the deal and other trading dynamics.
691 Views
GoTo IPO Lockup Expiry Follow-Up - Has Corrected but Has Traded Relatively Little Volume
GoTo pre-IPO shareholders were released from the lockup on 1st Dec 2022, which led to a 47% slide in its share price. While the stock has...
580 Views
GEM Weekly: 2022 Yearend Edition
In our final weekly for the year, we look back at 2022 to see which GEM stocks, countries, and currencies out and underperformed, and look forward...
462 Views
Kakao Corp: FTC Going After Chairman Kim Beom-Su's K Cube Holdings
On 15 December, it was announced that Korea's FTC decided to refer K Cube Holdings (KCH) to the prosecution over alleged illegal execution of...
579 Views