Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Cross Asset Strategy

In this insight, we provide additional insights regarding the upcoming KOSPI 200 and KOSDAQ 150 rebalancing. According to the KRX, it plans to announce the KOSPI 200 and KOSDAQ 150 rebalanced stocks at the end of May and the changed KOSPI 200 and KOSDAQ 150 indices will be effective starting 12 June.We have broken down the potential inclusions into KOSPI 200 KOSDAQ 150 into 3 major categories including the following:<ul>
<li>Share price performances YTD</li>
<li>Market Cap</li>
<li>Operating Profit Growth Momentum</li>
</ul><div class="content-highlight">
Combining all of these three factors, the top five companies in our list including Zinus, Hwa Sung Enterprises, F&amp;F, Cuckoo Homesys, POSCO Chemtech, and Cuckoo Homesys are the ones that not only are potential inclusions in KOSPI 200 but also those that can potentially outperform the market after being included in KOSPI 200. 
Combining all of these three factors, the top five companies in our list including ITM Semiconductor, Cowintech, Daou Data Corp, Ebest Investment &amp; Securities, and Neowiz Games are the ones that not only are potential inclusions in KOSDAQ 150 but also those that can potentially outperform the market after being included in KOSDAQ 150.  
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In this insight, we provide additional insights regarding the upcoming KOSPI 200 and KOSDAQ 150 rebalancing. According to the KRX, it plans to announce the KOSPI 200 and KOSDAQ 150 rebalanced stocks at the end of May and the changed KOSPI 200 and KOSDAQ 150 indices will be effective starting 12 June.We have broken down the potential inclusions into KOSPI 200 KOSDAQ 150 into 3 major categories including the following:
Share price performances YTD
Market Cap
Operating Profit Growth Momentum

Combining all of these three factors, the top five companies in our list including Zinus, Hwa Sung Enterprises, F&amp;F, Cuckoo Homesys, POSCO Chemtech, and Cuckoo Homesys are the ones that not only are potential inclusions in KOSPI 200 but also those that can potentially outperform the market after being included in KOSPI 200. 
Combining all of these three factors, the top five companies in our list including ITM Semiconductor, Cowintech, Daou Data Corp, Ebest Investment &amp; Securities, and Neowiz Games are the ones that not only are potential inclusions in KOSDAQ 150 but also those that can potentially outperform the market after being included in KOSDAQ 150.  


KOSPI 200 & KOSDAQ 150 Rebalancing in June Update

Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Event-Driven

The Korea Exchange (KRX) will announce the results of the June 2020 review of the KOSPI 200 in May. The constituent changes will be effective from 12 June 2020 and the rebalancing trades will need to be done at the closing auction on 11 June 2020.Following on from our previous Insight, <a href="https://www.smartkarma.com/insights/kospi200-rebalance-preview-changing-names-in-a-volatile-market" target="_blank" rel="noopener" data-smartkarma-citation="insights:37063">KOSPI200 Rebalance Preview - Changing Names in a Volatile Market</a>, we find two changes in our expected additions and deletions.We currently see 11 inclusions and exclusions in the KOSPI200 in the upcoming review and the high conviction inclusions continue to handily outperform the high conviction exclusions and the KOSPI200 index.

The Korea Exchange (KRX) will announce the results of the June 2020 review of the KOSPI 200 in May. The constituent changes will be effective from 12 June 2020 and the rebalancing trades will need to be done at the closing auction on 11 June 2020.Following on from our previous Insight, KOSPI200 Rebalance Preview - Changing Names in a Volatile Market, we find two changes in our expected additions and deletions.We currently see 11 inclusions and exclusions in the KOSPI200 in the upcoming review and the high conviction inclusions continue to handily outperform the high conviction exclusions and the KOSPI200 index.

KOSPI200 Rebalance Preview - In The Home Straight

Pan-Asia Catalysts/Events, Quiddity Advisors

David Blennerhassett

Pan-Asia Catalysts/Events

Quiddity Advisors

This month-end share class summary is a companion insight to <a href="https://www.smartkarma.com/profiles/25" target="_blank" data-smartkarma-citation="accounts:25">Travis Lundy</a>'s H/A Spread &amp; Southbound <a href="https://www.smartkarma.com/insights/2018-hk-connect-southbound-in-a-nutshell" target="_blank">Monitors</a> and <a href="https://www.smartkarma.com/profiles/9" target="_blank" data-smartkarma-citation="accounts:9">Ke Yan</a>'s <a href="http://bit.ly/2WloING" target="_blank">HK Connect Discovery Weeklies</a>.
This share class monitor provides a snapshot of the premium/discounts for various share classifications around the region, and comprises four sets of data:
1.  82 ADRs  2.  104 Korean Prefs  3.  22 Regional Dual Classes 4.  7 Foreign/Local Thai shares 
The average premium/discount for each set over a one-year period is graphed below.
<div class="content-caption">
<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/077/513/original/Jan%20Chart.PNG?1548933810" class="editor-image img-responsive" data-smartkarma-image-id="77513"></figure>
Source: CapIQ</div>
For a granular breakdown of each data set, PDFs are attached at the bottom of this insight.

This month-end share class summary is a companion insight to Travis Lundy's H/A Spread &amp; Southbound Monitors and Ke Yan's HK Connect Discovery Weeklies.
This share class monitor provides a snapshot of the premium/discounts for various share classifications around the region, and comprises four sets of data:
1.  82 ADRs  2.  104 Korean Prefs  3.  22 Regional Dual Classes 4.  7 Foreign/Local Thai shares 
The average premium/discount for each set over a one-year period is graphed below.


Source: CapIQ
For a granular breakdown of each data set, PDFs are attached at the bottom of this insight.

Share Classifications: Jan 2019 Month-End Snapshot

South Korea

Namsun Aluminum Co., Ltd. manufactures aluminum products, such as aluminum sash and circlet.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Namsun Aluminum (008350 KS)

KOSPI 200 & KOSDAQ 150 Rebalancing in June Update

In this insight, we provide additional insights regarding the upcoming KOSPI 200 and KOSDAQ 150 rebalancing. According to the KRX, it plans to...

Douglas Kim

KOSPI200 Rebalance Preview - In The Home Straight

The Korea Exchange (KRX) will announce the results of the June 2020 review of the KOSPI 200 in May. The constituent changes will be effective from...

Brian Freitas

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

KOSPI 200 & KOSDAQ 150 Rebalancing in June Update

In this insight, we provide additional insights regarding the upcoming KOSPI 200 and KOSDAQ 150 rebalancing. According to the KRX, it plans to...

Douglas Kim

KOSPI200 Rebalance Preview - In The Home Straight

The Korea Exchange (KRX) will announce the results of the June 2020 review of the KOSPI 200 in May. The constituent changes will be effective from...

Brian Freitas

Share Classifications: Jan 2019 Month-End Snapshot

This month-end share class summary is a companion insight to Travis Lundy's H/A Spread & Southbound Monitors and Ke Yan's HK Connect Discovery...

David Blennerhassett