Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Thematic (Sector/Industry)

<ul>
<li>In this insight, we discuss the top six stocks in Korea which could be the biggest movers due to the 2022 FIFA World Cup. </li>
<li>Due to the large impact of the World Cup this year, these six stocks could potentially outperform the market leading into the FIFA World Cup.</li>
<li>Among these six stocks, we particularly like AfreecaTV, HiteJinro, and BGF Retail in the next six months. </li>
</ul>


In this insight, we discuss the top six stocks in Korea which could be the biggest movers due to the 2022 FIFA World Cup. 
Due to the large impact of the World Cup this year, these six stocks could potentially outperform the market leading into the FIFA World Cup.
Among these six stocks, we particularly like AfreecaTV, HiteJinro, and BGF Retail in the next six months. 


2022 FIFA World Cup in Qatar: Top 6 Potential Winners in the Korean Stock Market

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

Sanghyun Park

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<h2>3 key points of the first earnings release</h2><hr><p><strong>Point 1: Kakao Bank recorded ₩116B in net profit in the first half, surpassing last year's annual performance just in half a year.</strong></p><div class="content-highlight"><p>This is an increase of 156.2% from the first half of last year. Net profit for the second quarter was ₩69B, up 158.7% from the second quarter of last year.</p></div><section class="figure"><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/224/268/original/Screen+Shot+2021-08-17+at+3.15.33+AM.png?1629184549" class="editor-image img-responsive" data-smartkarma-image-id="224268"></figure></section><hr>
<p><strong>Point 2: As for Kakao Bank's platform sector growth, stock account opening application services and loans linked to non-banking financial companies (NBFCs) increased by 43% and 51%, respectively, from the end of the previous year.</strong></p>
<div class="content-highlight"><p>This platform sector performance is crucial in determining the possibility of Kakao Bank taking a healthier growth path. And it seems to have robust growth in this area.</p></div>
<section class="figure"><section class="figure"><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/224/295/original/Screen+Shot+2021-08-17+at+4.25.41+AM.png?1629188760" class="editor-image img-responsive" data-smartkarma-image-id="224295"></figure></section></section></section><hr>
<p><strong>Point 3: As of the end of June, Kakao Bank users stood at 16.71 million, an increase of 1.27 million from the end of last year.</strong></p>
<div class="content-highlight">
<p>The increase in new customers of Kakao Bank this year was led by people in their 40s and older. Since launching the service, the percentage of accumulated customers in their 20s and 30s was 54%, but 48% of new customers in the first half of this year are in their 40s and 50s.</p>
<p>This is a very positive signal for Kakao Bank, which tries to convert its flagship product from a low-yielding personal credit loan to a high-yield product, a mortgage loan.</p>
</div>
<section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/224/286/original/Screen+Shot+2021-08-17+at+3.40.11+AM.png?1629186027" class="editor-image img-responsive" data-smartkarma-image-id="224286"></figure></section></section>

3 key points of the first earnings releasePoint 1: Kakao Bank recorded ₩116B in net profit in the first half, surpassing last year's annual performance just in half a year.This is an increase of 156.2% from the first half of last year. Net profit for the second quarter was ₩69B, up 158.7% from the second quarter of last year.
Point 2: As for Kakao Bank's platform sector growth, stock account opening application services and loans linked to non-banking financial companies (NBFCs) increased by 43% and 51%, respectively, from the end of the previous year.
This platform sector performance is crucial in determining the possibility of Kakao Bank taking a healthier growth path. And it seems to have robust growth in this area.

Point 3: As of the end of June, Kakao Bank users stood at 16.71 million, an increase of 1.27 million from the end of last year.

The increase in new customers of Kakao Bank this year was led by people in their 40s and older. Since launching the service, the percentage of accumulated customers in their 20s and 30s was 54%, but 48% of new customers in the first half of this year are in their 40s and 50s.
This is a very positive signal for Kakao Bank, which tries to convert its flagship product from a low-yielding personal credit loan to a high-yield product, a mortgage loan.



Local Retail-Led Momentum Trading Today, Preemptively Reflecting Kakao Bank's Earnings Release

South Korea

Kakao Corp. provides Internet portal services such as news, free e-mail, and leisure information.  The Company also offers cross-platform mobile messaging application that allows users to exchange messages.

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Kakao Corp (035720 KS)

2022 FIFA World Cup in Qatar: Top 6 Potential Winners in the Korean Stock Market

In this insight, we discuss the top six stocks in Korea which could be the biggest movers due to the 2022 FIFA World Cup.

Douglas Kim

Local Retail-Led Momentum Trading Today, Preemptively Reflecting Kakao Bank's Earnings Release

This post summarizes the three key points of Kakao Bank's first earnings release today. It then discusses today's price movement and what we should...

Sanghyun Park

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