Korea - Deepening Woes
Don’t be fooled by the strength of Korea’s labour market. It is a mirage created by the government. The Korean economy is headed only one way,...
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Amorepacific C/1P Arb Trade Idea
Amorepacific 1P is in an attractive territory. Its C is at +2σ relative to 1P on a 20D MA. 1P DTV is less than US$1M (US$0.7~0.8M). If you still...
549 Views
Korea Short Interest - Numb3rs & Ch@rts
The Korea Exchange (KRX) publishes outstanding short position data daily with a two day lag. The data below is of the close of 23 August.Current...
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Korea - Underweight
We are underweight Korean equities this year and it would seem increasingly with good reason. Growth might have revived in 2Q19 but the underlying...
431 Views
The Aftershocks of Japan Excluding South Korea from Its Whitelist of Preferred Trading Countries
This morning, the Japanese government announced that it will officially remove South Korea from its whitelist of 27 preferred trading countries....
530 Views