Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

Korea / Special Sits, Pairs, Index Rebalancing

Equity Bottom-Up

<a href="https://www.smartkarma.com/entities/15002" target="_blank" data-smartkarma-citation="entities:15002:1">Kakao Corp (035720 KS)</a>'s Kakao Bank hit home run on its debut day. It now has 300k account holders (just in 24 hours). This is like 3 times faster than K Bank's client growth pace. Surely, it is too early to make any kind of judgment on Kakao Bank's long run, but the numbers are certainly extremely encouraging. Just, there is no direct synergy yet with <a href="https://www.smartkarma.com/entities/15002" target="_blank" data-smartkarma-citation="entities:15002:1">Kakao Corp (035720 KS)</a> which only owns 10% stakes in Kakao Bank due to the regulations (non-financial firms can own up to 10%). <a href="https://www.smartkarma.com/entities/14839" target="_blank" data-smartkarma-citation="entities:14839:1">Korea Investment Holdings Co., Ltd. (071050 KS)</a> is the largest shareholder with 58% stakes. Kakao Bank's two Co-CEOs are saying that their top priority is to stick to the basics. That is, they will focus on stabilizing the regular banking services first, and worry about creating synergies with Kakao later.Alright, let's find our more about Kakao Bank's early success.

Kakao Corp (035720 KS)'s Kakao Bank hit home run on its debut day. It now has 300k account holders (just in 24 hours). This is like 3 times faster than K Bank's client growth pace. Surely, it is too early to make any kind of judgment on Kakao Bank's long run, but the numbers are certainly extremely encouraging. Just, there is no direct synergy yet with Kakao Corp (035720 KS) which only owns 10% stakes in Kakao Bank due to the regulations (non-financial firms can own up to 10%). Korea Investment Holdings Co., Ltd. (071050 KS) is the largest shareholder with 58% stakes. Kakao Bank's two Co-CEOs are saying that their top priority is to stick to the basics. That is, they will focus on stabilizing the regular banking services first, and worry about creating synergies with Kakao later.Alright, let's find our more about Kakao Bank's early success.

Kakao Bank Hit Home Run - Summary & Main Points to Consider

Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

After eight long months of long wait, the Korea Fair Trade Commission (KFTC) finally announced its rejection of the merger between <a href="https://www.smartkarma.com/entities/394" target="_blank" data-smartkarma-citation="entities:394:1">Sk Broadband Co Ltd</a> and <a href="https://www.smartkarma.com/entities/1111" target="_blank" data-smartkarma-citation="entities:1111:1">Cj Hellovision Co Ltd</a> today. The Ministry of Science, ICT and Future Planning has no intention to overrule this decision and it does not plan on further reviewing this merger. The rejection of the merger was mainly due to concerns about reduced competition in the Korean broadband, mobile, and cable sectors. The reduced competition if the two…

After eight long months of long wait, the Korea Fair Trade Commission (KFTC) finally announced its rejection of the merger between Sk Broadband Co Ltd and Cj Hellovision Co Ltd today. The Ministry of Science, ICT and Future Planning has no intention to overrule this decision and it does not plan on further reviewing this merger. The rejection of the merger was mainly due to concerns about reduced competition in the Korean broadband, mobile, and cable sectors. The reduced competition if the two…

Korean Regulator Officially Rejects Merger Between SK Broadband & CJ Hellovision

South Korea

Danal Co., Ltd. specializes in developing and providing cellular mobile telephone services.  The Company's products include ring tones, games, color graphics, instant messenger and entertainment, and mobile payments through Internet and mobile devices.

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Danal Co Ltd (064260 KS)

Kakao Bank Hit Home Run - Summary & Main Points to Consider

Kakao Corp (035720 KS)'s Kakao Bank hit home run on its debut day. It now has 300k account holders (just in 24 hours). This is like 3 times faster...

Sanghyun Park

Korean Regulator Officially Rejects Merger Between SK Broadband & CJ Hellovision

After eight long months of long wait, the Korea Fair Trade Commission (KFTC) finally announced its rejection of the merger between Sk Broadband Co...

Douglas Kim

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52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)