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

Brian Freitas

Pan-Asia Index Rebalances/ Events/ Delta One

Event-Driven

Daejoo Electronic Materials / Event-Driven

<p>The Korea Exchange (KRX) will announce the results of the December 2020 review of the KOSDAQ150 Index in November. The constituent changes will be effective from 11 December 2020 and the rebalancing trades will need to be done at the closing auction on 10 December 2020.</p><p>The review period for the December rebalance runs from 1 May to 31 October. At the current time, we see 15 stocks being added to and deleted from the index. This is up from the 11 names we saw being included/ excluded at the end of June. With the index methodology using a 6 month average, the list should be a lot more stable going forward.</p><p>The expected inclusions have outperformed the expected exclusions, and the KOSDAQ150 index, by a wide margin over the last 4 months. With the short sell ban extended to 15 March 2021, the expected inclusions could continue to run up as investors chase momentum.</p>

The Korea Exchange (KRX) will announce the results of the December 2020 review of the KOSDAQ150 Index in November. The constituent changes will be effective from 11 December 2020 and the rebalancing trades will need to be done at the closing auction on 10 December 2020.The review period for the December rebalance runs from 1 May to 31 October. At the current time, we see 15 stocks being added to and deleted from the index. This is up from the 11 names we saw being included/ excluded at the end of June. With the index methodology using a 6 month average, the list should be a lot more stable going forward.The expected inclusions have outperformed the expected exclusions, and the KOSDAQ150 index, by a wide margin over the last 4 months. With the short sell ban extended to 15 March 2021, the expected inclusions could continue to run up as investors chase momentum.

KOSDAQ150 Index Rebalance Preview: Strong Momentum Driving Gains

<p>The Korea Exchange (KRX) will announce the results of the December 2020 review of the KOSDAQ150 Index in November. The constituent changes will be effective from 11 December 2020 and the rebalancing trades will need to be done at the closing auction on 10 December 2020.</p>
<div>
<p>At the current time, we see 11 stocks being added to and deleted from the KOSDAQ150 index.</p>
</div>
<div>
<table class="table table-striped">
<colgroup> <col> <col> <col> <col> <col> <col> </colgroup>
<tbody>
<tr>
<td colspan="3" style="text-align: center; width: 269pt;">Expected Inclusions</td>
<td colspan="3" style="text-align: center; width: 279pt;">Expected Exclusions</td>
</tr>
<tr>
<td><strong>Code</strong></td>
<td><strong>Name</strong></td>
<td><strong>Probability</strong></td>
<td><strong>Code</strong></td>
<td><strong>Name</strong></td>
<td><strong>Probability</strong></td>
</tr>
<tr>
<td>235980.KQ</td>
<td>MedPacto Inc</td>
<td>High</td>
<td>041830.KQ</td>
<td>InBody Co Ltd</td>
<td>High</td>
</tr>
<tr>
<td>204270.KQ</td>
<td>JNTC Co Ltd</td>
<td>High</td>
<td>049950.KQ</td>
<td>MeereCompany Inc</td>
<td>High</td>
</tr>
<tr>
<td>092190.KQ</td>
<td>Seoul Viosys Co Ltd</td>
<td>High</td>
<td>023160.KQ</td>
<td>TK Corp</td>
<td>High</td>
</tr>
<tr>
<td>101490.KQ</td>
<td>S&amp;S Tech Corp</td>
<td>High</td>
<td>014620.KQ</td>
<td>Sung Kwang Bend Co Ltd</td>
<td>High</td>
</tr>
<tr>
<td>294140.KQ</td>
<td>Lemon Co Ltd</td>
<td>High</td>
<td>047310.KQ</td>
<td>Power Logics</td>
<td>Medium</td>
</tr>
<tr>
<td>290650.KQ</td>
<td>L&amp;C Bio Co Ltd</td>
<td>Medium</td>
<td>015750.KQ</td>
<td>Sungwoo Hitech Co Ltd</td>
<td>Medium</td>
</tr>
<tr>
<td>034950.KQ</td>
<td>Korea Ratings Corp</td>
<td>Medium</td>
<td>080160.KQ</td>
<td>Modetour Network Inc</td>
<td>Medium</td>
</tr>
<tr>
<td>136480.KQ</td>
<td>Harim Co Ltd</td>
<td>Medium</td>
<td>051500.KQ</td>
<td>CJ Freshway Corp</td>
<td>Medium</td>
</tr>
<tr>
<td>151910.KQ</td>
<td>Nanos Co Ltd</td>
<td>Low</td>
<td>089600.KQ</td>
<td>Nasmedia Co Ltd</td>
<td>Low</td>
</tr>
<tr>
<td>131970.KQ</td>
<td>Tesna Inc</td>
<td>Low</td>
<td>036930.KQ</td>
<td>Jusung Engineering Co Ltd</td>
<td>Low</td>
</tr>
<tr>
<td>222080.KQ</td>
<td>Creative &amp; Innovative System Corp</td>
<td>Low</td>
<td>041190.KQ</td>
<td>Woori Technology Investment Co Ltd</td>
<td>Low</td>
</tr>
</tbody>
</table>
<p><a href="https://www.smartkarma.com/entities/jntc-co-ltd" target="_blank" data-smartkarma-citation="entities:28825:1" rel="noopener">JNTC Co Ltd (204270 KS)</a>, <a href="https://www.smartkarma.com/entities/lemon-co-ltd" target="_blank" data-smartkarma-citation="entities:28841:1" rel="noopener">Lemon (294140 KQ)</a>, MedPacto and Seoul Viosys have all listed in the last 6 months and are eligible for inclusion in this review.</p>
<p>There are another 5 stocks that are very close adds or close deletes.</p>
<p>In this Insight we look at the KOSDAQ 150 index methodology, the historical performance of inclusions vs exclusions, at potential candidates for inclusion/exclusion in this review and some of the details around the names.</p>
</div>

The Korea Exchange (KRX) will announce the results of the December 2020 review of the KOSDAQ150 Index in November. The constituent changes will be effective from 11 December 2020 and the rebalancing trades will need to be done at the closing auction on 10 December 2020.

At the current time, we see 11 stocks being added to and deleted from the KOSDAQ150 index.



       


Expected Inclusions
Expected Exclusions


Code
Name
Probability
Code
Name
Probability


235980.KQ
MedPacto Inc
High
041830.KQ
InBody Co Ltd
High


204270.KQ
JNTC Co Ltd
High
049950.KQ
MeereCompany Inc
High


092190.KQ
Seoul Viosys Co Ltd
High
023160.KQ
TK Corp
High


101490.KQ
S&amp;S Tech Corp
High
014620.KQ
Sung Kwang Bend Co Ltd
High


294140.KQ
Lemon Co Ltd
High
047310.KQ
Power Logics
Medium


290650.KQ
L&amp;C Bio Co Ltd
Medium
015750.KQ
Sungwoo Hitech Co Ltd
Medium


034950.KQ
Korea Ratings Corp
Medium
080160.KQ
Modetour Network Inc
Medium


136480.KQ
Harim Co Ltd
Medium
051500.KQ
CJ Freshway Corp
Medium


151910.KQ
Nanos Co Ltd
Low
089600.KQ
Nasmedia Co Ltd
Low


131970.KQ
Tesna Inc
Low
036930.KQ
Jusung Engineering Co Ltd
Low


222080.KQ
Creative &amp; Innovative System Corp
Low
041190.KQ
Woori Technology Investment Co Ltd
Low



JNTC Co Ltd (204270 KS), Lemon (294140 KQ), MedPacto and Seoul Viosys have all listed in the last 6 months and are eligible for inclusion in this review.
There are another 5 stocks that are very close adds or close deletes.
In this Insight we look at the KOSDAQ 150 index methodology, the historical performance of inclusions vs exclusions, at potential candidates for inclusion/exclusion in this review and some of the details around the names.


KOSDAQ150 Index Rebalance Preview - Momentum Driving Changes

South Korea

S&S Tech Corporation manufactures blank masks for semiconductor and TFT-LCD. The Company supplies it's products to Samsung Electronics, Hynix, PKL, and Toppan in Korea.

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

S&S Tech Corp (101490 KS)

KOSDAQ150 Index Rebalance Preview: Strong Momentum Driving Gains

The Korea Exchange (KRX) will announce the results of the December 2020 review of the KOSDAQ150 Index in November. The constituent changes will be...

Brian Freitas

KOSDAQ150 Index Rebalance Preview - Momentum Driving Changes

The Korea Exchange (KRX) will announce the results of the December 2020 review of the KOSDAQ150 Index in November. The constituent changes will be...

Brian Freitas

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)