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

WISE Battery Index is a 10%-capped theme index operated by WISEfn, a local index operator. Among the secondary battery theme indices, it is the index that attracted the most funds, along with KRX BBIG and FnGuide Secondary Batteries.Currently, one ETF tracks this index. The current AUM is ₩872.6B.









WISE Secondary Cell Index tracking ETFs
Ticker
AUM
Price
SO


Mirae Asset TIGER Secondary Cell ETF
305540
₩872.6B
₩18,585
46,950,000

Source: KRX

Index rebalancing takes place four times a year, in the first month of the quarter. The implementation date is the trading day following the option expiration date. So, it is Friday of the second week.This time, July 9 is the implementation date, so the rebalancing trading of the ETF takes place at the simultaneous quote trading time of the market closing on July 8, which is the last 10 minutes into the closing time, 3:30 PM.





Rebalancing schedule

Rebalancing cycle
Quarterly


Rebalancing month
January, April, July, and October


Implementation date
The trading day following the option expiration dates


Next implementation date
July 9, 2021


Rebalancing trading
At the close on July 8, 2021


Screening base date
The last trading day of the month preceding the date of regular rebalancing

Source: KRX &amp; WISE Index

The WISE Secondary Battery Theme Index adopts a comprehensive selection method. That is, the selection of excluded stocks is not flexible. In the previous rebalancing, only one stock was added, and one stock was excluded.As of July 5, there are 26 constituents, and the index weight of each constituent is as follows.









Constituents, as of July 5, 2021
Ticker
Weight
Market cap
30-day average daily trade value


SK Innovation Co Ltd
096770
10.76%
₩25,566.7B
₩277.0B


SKC Co Ltd
011790
10.78%
₩5,888.5B
₩56.3B


Samsung SDI Co Ltd
006400
10.25%
₩51,229.6B
₩197.1B


LG Chem Ltd
051910
9.72%
₩61,556.5B
₩237.4B


Posco Chemical Co Ltd
003670
8.30%
₩8,965.3B
₩39.8B


Ecopro BM Co Ltd
247540
7.47%
₩4,717.1B
₩37.5B


Iljin Materials Co Ltd
020150
6.25%
₩3,449.1B
₩17.6B


L&amp;F Co., Ltd.
066970
6.05%
₩2,515.9B
₩39.0B


SoulBrain Co Ltd
357780
5.39%
₩2,500.8B
₩8.8B


Chunbo Co Ltd
278280
3.05%
₩1,894.0B
₩10.4B


Ecopro Co., Ltd.
086520
2.83%
₩861.2B
₩17.2B


Cosmo Advanced Materials&amp;Technlgy Co Ltd
005070
2.39%
₩889.1B
₩19.2B


Creative &amp; Innovative System Corp
222080
2.18%
₩672.7B
₩10.0B


Foosung Co Ltd
093370
2.04%
₩1,000.2B
₩7.2B


Ecopro HN Co Ltd
383310
2.05%
₩615.3B
#N/A


Solus Advanced Materials Co Ltd
336370
1.97%
₩1,550.9B
₩17.7B


Daejoo Electronic Materials Co Ltd
078600
1.95%
₩749.4B
₩12.1B


People &amp; Technology Inc
137400
1.66%
₩546.9B
₩4.8B


Dongwha Enterprise Co Ltd
025900
0.94%
₩1,496.9B
₩8.7B


Wonik PNE Co Ltd
131390
0.83%
₩333.4B
₩3.9B


Youlchon Chemical Co. Ltd.
008730
0.78%
₩555.5B
₩1.5B


CowinTech Co Ltd
282880
0.65%
₩218.9B
₩1.1B


Shin Heung Energy &amp; Electronics Co Ltd
243840
0.53%
₩418.3B
₩4.6B


mPlus Corp
259630
0.47%
₩172.2B
₩3.4B


Innometry Co Ltd
302430
0.40%
₩172.0B
₩0.5B


Daebo Magnetic Co Ltd
290670
0.27%
₩257.5B
₩1.1B

Source: KRX



WISE Battery Index Rebalancing Trading Update (July 8)

SK Innovation announced at today's IR presentation that it is considering spinning off the rechargeable battery business. At the same time, SK Innovation said that it would achieve an EBITDA of ₩2.5T in the battery business by 2025.The specific performance targets for each year of the battery business are as follows.<ul>
<li>First, they said that the battery business would turn to the black next year. After that, the company plans to achieve an EBITDA of ₩1T in 2023 and an EBITDA of ₩2.5T in 2025.</li>
<li>For SK IE Technology, they set EBITDA targets of ₩300B next year, ₩700B in 2023, and ₩1.4T in 2025.</li>
</ul>

SK Innovation announced at today's IR presentation that it is considering spinning off the rechargeable battery business. At the same time, SK Innovation said that it would achieve an EBITDA of ₩2.5T in the battery business by 2025.The specific performance targets for each year of the battery business are as follows.
First, they said that the battery business would turn to the black next year. After that, the company plans to achieve an EBITDA of ₩1T in 2023 and an EBITDA of ₩2.5T in 2025.
For SK IE Technology, they set EBITDA targets of ₩300B next year, ₩700B in 2023, and ₩1.4T in 2025.


SK Innovation Battery Spinoff: What's Known at This Point

How will the rebalancing trading of domestic ETFs proceed?In general, in order to reduce tracking errors, trades are made at the close of the market one day before the application date. However, there are cases where local ETFs temporarily invest in stocks not included in the underlying index to reduce market shock.FnGuide Secondary Battery Industry IndexThen, on June 11, the rebalancing trading of the KODEX Secondary Battery Industry ETF (305720) was carried out according to the basic rules.The FnGuide Secondary Battery Industry Index is regularly rebalanced twice a year. The most recent regular rebalancing was applied on June 14. Therefore, ETFs had to conduct rebalancing trading at the close on June 11th.Currently, only one ETF tracks this index. It is Samsung KODEX Secondary Battery Industry ETF and has an AUM of ₩1.27T.





Samsung KODEX Secondary Battery Industry ETF

Ticker
305720


Manager
Samsung Asset Management


Price
₩18,640


SO
68,000,000


AUM
₩1,267.5B


Underlying index
FnGuide Secondary Battery Industry Index


Rebalancing cycle
Semi-annually


Rebalancing month
June &amp; December


Implementation day
The first trading day of the week following the last trading day for KOSPI 200 futures contracts

Source: KRX &amp; FnGuide Index

In the last rebalancing, 5 stocks were added, and 5 constituents were excluded. The number of stocks included in the index is maintained at 25.








Additions
Ticker
Deletions
Ticker


SK IE Technology Co Ltd
361610
Ecopro HN Co Ltd
383310


SKC Co Ltd
011790
Sang-A Frontec Co Ltd
089980


Chunbo Co Ltd
278280
Cosmo Chemical Co Ltd
005420


E&amp;D Co Ltd
101360
Soulbrain Holdings Co Ltd
036830


TSI Co Ltd
277880
Philoptics Co Ltd
161580

Source: Samsung KODEX &amp; FnGuide

Looking at the daily trading volume on June 11, it is estimated that the KODEX ETF completed all rebalancing trading on June 11. As a result, the daily stock price fluctuations of the rebalanced stocks were quite large. In addition, the remaining stocks with high index weight changes also experienced significant share price volatility.










Constituents
Weight change between June 11 and June 14
Passive flow impact
Passive flow impact over 30-day ADTV
Price change on June 11
Note


SK IE Technology
7.15%p
₩90.7B
1.40x
10.53%
Add


SKC Co Ltd
2.54%p
₩32.2B
0.63x
7.28%
Add


Chunbo Co Ltd
0.80%p
₩10.2B
1.08x
6.59%
Add


E&amp;D Co Ltd
0.21%p
₩2.7B
0.98x
8.12%
Add


TSI Co Ltd
0.10%p
₩1.3B
0.32x
10.54%
Add


Ecopro HN Co Ltd
-5.33%p
-₩67.6B
-8.05x
-5.93%
Delete


Sang-A Frontec Co Ltd
-0.88%p
-₩11.2B
-1.86x
-2.54%
Delete


Cosmo Chemical Co Ltd
-0.42%p
-₩5.3B
-1.47x
-3.40%
Delete


Soulbrain Holdings
-0.33%p
-₩4.2B
-1.92x
-1.62%
Delete


Philoptics Co Ltd
-0.28%p
-₩3.6B
-2.87x
-5.83%
Delete

 

LG Chem Ltd
4.56%p
₩57.9B
0.23x
5.33%
Remain


Samsung SDI Co Ltd
2.08%p
₩26.4B
0.14x
4.59%
Remain


SK Innovation Co Ltd
-2.25%p
-₩28.5B
-0.13x
1.86%
Remain


Posco Chemical Co Ltd
-2.00%p
-₩25.4B
-0.64x
-0.69%
Remain


Ecopro Co., Ltd.
-3.09%p
-₩39.2B
-2.72x
-6.74%
Remain


Ecopro BM Co Ltd
0.39%p
₩4.9B
0.18x
2.49%
Remain


Iljin Materials Co Ltd
-0.47%p
-₩6.0B
-0.38x
2.56%
Remain


Creative &amp; Innovative System Corp
-0.27%p
-₩3.4B
-0.30x
-0.41%
Remain


L&amp;F Co., Ltd.
-1.44%p
-₩18.3B
-0.43x
1.62%
Remain


People &amp; Technology
-0.48%p
-₩6.1B
-1.52x
-2.43%
Remain


Cosmo Advanced Materials&amp;Technlgy
-0.17%p
-₩2.2B
-0.12x
3.43%
Remain


Foosung Co Ltd
-0.29%p
-₩3.7B
-0.65x
-0.49%
Remain


DA Technology Co Ltd
-0.19%p
-₩2.4B
-1.24x
-5.52%
Remain


Daejoo Electronic Materials Co Ltd
-0.07%p
-₩0.9B
-0.07x
2.57%
Remain


Shin Heung Energy &amp; Electronics Co Ltd
0.23%p
₩2.9B
0.68x
3.25%
Remain


mPlus Corp
0.12%p
₩1.5B
0.39x
3.65%
Remain


Wonik PNE Co Ltd
-0.06%p
-₩0.8B
-0.22x
-0.91%
Remain


Sangsin Energy Display Precision Co Ltd
-0.06%p
-₩0.8B
-0.59x
-2.20%
Remain


Chemtros Co Ltd
-0.05%p
-₩0.6B
-0.47x
-0.31%
Remain


NS Co Ltd
-0.05%p
-₩0.6B
-0.24x
-1.73%
Remain

Source: Samsung KODEX &amp; FnGuide Index

WISE Secondary Battery Theme IndexThe WISE Secondary Battery Theme Index, whose regular rebalancing date is the 9th of next month, also showed a fairly large share price change on the last regular rebalancing date.This Index is regularly rebalanced quarterly. The most recent regular rebalancing was applied on April 9. Therefore, ETFs had to conduct rebalancing trading at the close on April 8.Currently, only one ETF tracks this index. It is Mirae Asset TIGER Secondary Cell ETF and has an AUM of ₩0.89T.





Mirae Asset TIGER Secondary Cell ETF

Ticker
305540


Manager
Mirae Asset Management


Price
₩17,995


SO
49,650,000


AUM
₩893.5B


Underlying index
WISE Secondary Battery Theme Index


Rebalancing cycle
Quarterly


Rebalancing month
January, April, July, and October


Implementation day
The trading day following the option expiration dates

Source: KRX &amp; FnGuide Index

The FnGuide Secondary Battery Industry Index uses a scoring system to take a more active approach to change constituent stocks. Also, the number of constituents is limited to 25. On the other hand, the WISE Secondary Battery Theme Index adopts a comprehensive selection method. That is, the selection of excluded stocks is not flexible.Therefore, one stock was added in the most recent periodic change, and one stock was excluded.








Additions
Ticker
Deletions
Ticker


Dongwha Enterprise Co Ltd
025900
Power Logics
047310

Source: Mirae Asset TIGER &amp; FnGuide Index

Similarly, looking at the daily trading volume on April 8, it is again estimated that this TIGER ETF completed all rebalancing trading on April 8. The new addition, Dongwha, saw a 10.37% gain on this day, whereas the deletion, Power Logics, suffered an 8.29% loss. In addition, the prices of constituent stocks with increased index weight rose significantly. Conversely, most of the constituent stocks with reduced index weight experienced a decline in share prices.










Constituents
Weight change between April 8 and April 9
Passive flow impact
Passive flow impact over 30-day ADTV
Price change on April 8
Note


Dongwha Enterprise
0.80%p
₩7.1B
0.91x
10.37%
Add


Power Logics
-0.86%p
-₩7.7B
-0.39x
-8.29%
Delete



Posco Chemical Co Ltd
-3.05%p
-₩27.3B
-0.69x
-1.84%
Remain


SKC Co Ltd
-1.90%p
-₩17.0B
-0.33x
0.00%
Remain


Samsung SDI Co Ltd
1.41%p
₩12.6B
0.07x
0.46%
Remain


SK Innovation Co Ltd
2.23%p
₩19.9B
0.09x
4.73%
Remain


LG Chem Ltd
1.97%p
₩17.6B
0.07x
-0.12%
Remain


Iljin Materials Co Ltd
0.18%p
₩1.6B
0.19x
3.77%
Remain


Ecopro BM Co Ltd
-0.09%p
-₩0.8B
-0.03x
-0.42%
Remain


L&amp;F Co., Ltd.
-0.19%p
-₩1.7B
-0.04x
-2.13%
Remain


SoulBrain Co Ltd
-0.12%p
-₩1.1B
-0.11x
-0.79%
Remain


Ecopro Co., Ltd.
-0.10%p
-₩0.9B
-0.06x
-1.16%
Remain


Chunbo Co Ltd
-0.01%p
-₩0.1B
-0.01x
0.54%
Remain


Creative &amp; Innovative System Corp
-0.12%p
-₩1.1B
-0.09x
-2.88%
Remain


Foosung Co Ltd
-0.02%p
-₩0.2B
-0.03x
0.00%
Remain


Solus Advanced Materials Co Ltd
-0.04%p
-₩0.4B
-0.02x
-1.15%
Remain


Cosmo Advanced Materials&amp;Technlgy
0.01%p
₩0.1B
0.00x
1.21%
Remain


Daejoo Electronic Materials Co Ltd
0.02%p
₩0.2B
0.01x
1.06%
Remain


People &amp; Technology Inc
0.00%p
₩0.0B
0.00x
-0.21%
Remain


Wonik PNE Co Ltd
-0.02%p
-₩0.2B
-0.05x
-1.33%
Remain


Youlchon Chemical
-0.01%p
-₩0.1B
-0.04x
-0.25%
Remain


CowinTech Co Ltd
-0.02%p
-₩0.2B
-0.13x
-1.60%
Remain


Shin Heung Energy &amp; Electronics Co Ltd
0.01%p
₩0.1B
0.02x
0.73%
Remain


mPlus Corp
0.01%p
₩0.1B
0.02x
1.12%
Remain


Innometry Co Ltd
0.00%p
₩0.0B
0.00x
0.00%
Remain


Daebo Magnetic Co Ltd
0.01%p
₩0.1B
0.14x
1.56%
Remain

Source: Mirae Asset TIGER &amp; FnGuide Index



WISE Battery Index Rebalancing: Pre-Announcement Process & Actual ETF Trading

Index overviewThe WISE rechargeable battery theme index uses stocks that include the 'Secondary Battery' keyword through AI keyword analysis among stocks included in the report of the local brokerages. It is a float-adjusted market capitalization-weighted index.Screening criteria
The index first analyzes the keywords of local brokerage reports published during the last two years from the stock screening base date. It then selects the stock with 'Secondary Battery' within the top 5 of the main keyword rankings.
After checking the sales composition specified in the business report submitted at the time of the previous regular change, stocks generating sales in the following business areas are selected as index constituents.

Product production: A company that produces secondary batteries
Raw material production: A company that produces and distributes raw materials for secondary battery production
Equipment manufacturing: A company that produces and distributes equipment and machinery for secondary battery production


Stocks with total sales of ₩200B or less or those with 50% or less of the above-related sales are excluded.
Screening schedule
The index undergoes a regular rebalancing every January, April, July, and October on the trading day following the option expiration date.The screening base date for quarterly regular rebalancing is the last trading day of the month preceding the month of regular rebalancing.Therefore, the screening base date for the upcoming rebalancing is June 30, and July 9 is the implementation date. That is, we should expect a rebalancing trading at the close on July 8.





Rebalancing schedule

Rebalancing cycle
Quarterly


Rebalancing month
January, April, July, and October


Implementation date
The trading day following the option expiration dates


Next implementation date
July 9, 2021


Rebalancing trading
At the close on July 8, 2021


Screening base date
The last trading day of the month preceding the date of regular rebalancing

Source: KRX &amp; WISE Index

Index weight, as of June 18, 2021Below is the index weight of the constituent stocks based on last Friday's closing price.









WISE Secondary Cell Index tracking ETFs
Ticker
Weight
Market cap
30-day average daily trade value


SK Innovation Co Ltd
096770
11.19%
₩25,613.0B
₩228.0B


SKC Co Ltd
011790
10.25%
₩5,509.8B
₩50.1B


Samsung SDI Co Ltd
006400
9.67%
₩46,347.3B
₩181.5B


LG Chem Ltd
051910
9.53%
₩58,026.9B
₩254.2B


Posco Chemical Co Ltd
003670
8.63%
₩9,117.7B
₩38.9B


Ecopro BM Co Ltd
247540
7.39%
₩4,546.1B
₩26.3B


L&amp;F Co., Ltd.
066970
6.35%
₩2,625.4B
₩41.6B


Iljin Materials Co Ltd
020150
6.19%
₩3,255.4B
₩15.5B


SoulBrain Co Ltd
357780
5.61%
₩2,568.5B
₩9.4B


Chunbo Co Ltd
278280
3.15%
₩1,853.0B
₩9.2B


Ecopro Co., Ltd.
086520
2.83%
₩836.9B
₩14.1B


Creative &amp; IS
222080
2.33%
₩687.0B
₩11.6B


Cosmo Advanced M&amp;T
005070
2.30%
₩798.1B
₩18.7B


Foosung Co Ltd
093370
2.05%
₩990.9B
₩5.3B


Solus Advanced Materials
336370
2.05%
₩1,602.9B
₩17.4B


Daejoo Electronic Materials
078600
2.04%
₩747.8B
₩11.8B


Ecopro HN Co Ltd
383310
1.82%
₩538.7B
₩12.1B


People &amp; Technology Inc
137400
1.60%
₩515.1B
₩4.0B


Dongwha Enterprise Co Ltd
025900
0.93%
₩1,414.1B
₩7.8B


Wonik PNE Co Ltd
131390
0.87%
₩327.5B
₩3.3B


Youlchon Chemical Co. Ltd.
008730
0.80%
₩550.6B
₩2.5B


CowinTech Co Ltd
282880
0.68%
₩224.6B
₩1.4B


Shin Heung Energy &amp; Elec
243840
0.53%
₩377.2B
₩4.2B


mPlus Corp
259630
0.48%
₩171.0B
₩3.9B


Innometry Co Ltd
302430
0.39%
₩169.1B
₩0.5B


Daebo Magnetic Co Ltd
290670
0.28%
₩257.4B
₩0.6B

Source: KRX



WISE Battery Index Rebalancing Preview (Implementation on July 9): SK IE Tech, Ecopro HN & Soulbrain

What is the KRX BBIG K-New Deal Index?The KRX BBIG K-New Deal Index consists of 12 stocks, each of which is a representative company in four industries, including rechargeable Batteries, Bio, Internet, and Games, which are the leading industries in the Korean stock market.It is important to note that this is a mother index, under which there are four sub-indices, like one for each sector. Each sub-index has ten constituents selected based on market capitalization.Index weight &amp; number of constituentsThe mother index is an equal-weighted index, in which each index constituent is allocated the same weight at each balancing, 1/12 = 8.33%.But the four sub-indices employ a hybrid weight system. The top-three group is given the weight of 75%, in which each stock is allocated the same weight of 25% at each rebalancing. In comparison, the plus group consisting of the remaining seven constituents is given the remaining weight of 25%, in which their float-adjusted market capitalization weights the seven stocks.Screening criteria, period, base date, &amp; implementation dateScreening for index inclusion is based on the average daily market capitalization and the average daily trading value of an eligible company over the screening period. Companies are screened over the three months preceding the screening base date.Regular rebalancings are made at the end of February and August every year. This year, February 26 and August 31 are the implementation dates of the regular rebalancing.Therefore, the screening base date is January 29 and July 30, which are the last days of the previous month.
Screening details

Criteria
Average daily market capitalization


Period
3 months preceding the screening base date


Base date

Last trading day of January and July
: January 29 and July 30 



Implementation date

Last trading day of February and August
: February 26 &amp; August 31 


Source: KRX
Current constituents &amp; index weights, as of June 18, 2021Below is the index weight of the constituent stocks of each index based on last Friday's closing price. The index weight reset on February 26 changed in proportion to the share price increase (or decrease).









KRX BBIG K-New Deal Index
Ticker
Weight
Market cap
30-day average daily trade value


LG Chem Ltd
051910
7.58%
₩58,026.9B
₩254.2B


Samsung SDI Co Ltd
006400
7.86%
₩46,347.3B
₩181.5B


SK Innovation Co Ltd
096770
8.42%
₩25,613.0B
₩228.0B


Samsung Biologics Co Ltd
207940
8.85%
₩55,313.9B
₩196.2B


Celltrion, Inc.
068270
7.19%
₩33,625.7B
₩164.3B


SK Biopharmaceuticals Co Ltd
326030
8.30%
₩9,984.9B
₩41.1B


Kakao Corp
035720
13.13%
₩68,809.1B
₩405.9B


Naver Corp
035420
8.53%
₩65,376.8B
₩245.8B


Duzon Bizon Co Ltd
012510
6.38%
₩2,530.4B
₩17.5B


NCSoft Corp
036570
7.02%
₩17,958.4B
₩74.0B


Netmarble Corp
251270
8.49%
₩11,560.7B
₩46.2B


Kakao Games Corp
293490
8.44%
₩4,305.6B
₩30.4B

Source: KRX











KRX Secondary Battery K-New Deal Index
Ticker
Weight
Market cap
30-day average daily trade value


LG Chem Ltd
051910
23.22%
₩58,026.9B
₩254.2B


Samsung SDI Co Ltd
006400
24.07%
₩46,347.3B
₩181.5B


SK Innovation Co Ltd
096770
25.79%
₩25,613.0B
₩228.0B


Posco Chemical Co Ltd
003670
7.83%
₩9,117.7B
₩38.9B


SKC Co Ltd
011790
5.53%
₩5,509.8B
₩50.1B


Ecopro BM Co Ltd
247540
3.87%
₩4,546.1B
₩26.3B


Iljin Materials Co Ltd
020150
2.77%
₩3,255.4B
₩15.5B


L&amp;F Co., Ltd.
066970
2.85%
₩2,625.4B
₩41.6B


SoulBrain Co Ltd
357780
2.58%
₩2,568.5B
₩9.4B


Chunbo Co Ltd
278280
1.50%
₩1,853.0B
₩9.2B

Source: KRX











KRX Bio K-New Deal Index
Ticker
Weight
Market cap
30-day average daily trade value


Samsung Biologics Co Ltd
207940
27.57%
₩55,313.9B
₩196.2B


Celltrion, Inc.
068270
22.41%
₩33,625.7B
₩164.3B


Celltrion HealthCare Co Ltd
091990
10.79%
₩18,490.4B
₩107.9B


SK Biopharmaceuticals Co Ltd
326030
25.87%
₩9,984.9B
₩41.1B


Celltrion Pharm Inc
068760
2.39%
₩5,653.7B
₩36.5B


Hanmi Science Co Ltd
008930
1.41%
₩4,691.1B
₩15.9B


Yuhan Corp
000100
3.16%
₩4,478.3B
₩16.2B


Shinpoong Pharmaceutical Co Ltd
019170
2.66%
₩4,339.5B
₩216.5B


Green Cross Corp
006280
1.61%
₩3,728.0B
₩52.2B


Seegene Inc
096530
2.12%
₩3,352.9B
₩58.6B

Source: KRX











KRX Internet K-New Deal Index
Ticker
Weight
Market cap
30-day average daily trade value


Kakao Corp
035720
36.25%
₩68,809.1B
₩405.9B


Naver Corp
035420
23.55%
₩65,376.8B
₩245.8B


Duzon Bizon Co Ltd
012510
17.42%
₩2,530.4B
₩17.5B


KMW Co Ltd
032500
6.74%
₩2,289.7B
₩15.6B


NHN KCP Corp
060250
3.60%
₩1,450.6B
₩6.5B


AfreecaTV Co Ltd
067160
4.14%
₩1,249.5B
₩13.4B


Ace Technologies Corp.
088800
2.65%
₩852.8B
₩12.2B


Seojin System Co Ltd
178320
2.55%
₩839.0B
₩8.8B


Ahnlab Inc
053800
1.95%
₩720.0B
₩6.4B


Rsupport Co Ltd
131370
1.15%
₩470.9B
₩2.7B

Source: KRX











KRX Game K-New Deal Index
Ticker
Weight
Market cap
30-day average daily trade value


NCSoft Corp
036570
21.23%
₩17,958.4B
₩74.0B


Netmarble Corp
251270
26.10%
₩11,560.7B
₩46.2B


PearlAbyss Corp
263750
8.85%
₩4,410.4B
₩12.2B


Kakao Games Corp
293490
25.95%
₩4,305.6B
₩30.4B


Com2uS Corp
078340
4.92%
₩1,688.1B
₩31.4B


NHN Corp
181710
3.38%
₩1,543.7B
₩5.7B


Doubleu Games Co Ltd
192080
2.55%
₩1,205.2B
₩7.1B


Webzen Inc
069080
3.05%
₩1,145.8B
₩9.8B


Wemade Co Ltd
112040
2.16%
₩971.0B
₩10.1B


Neptune Co
217270
1.81%
₩819.8B
₩4.1B

Source: KRX



KRX BBIG Index Rebalancing Preview: SK IE Tech, SK Bioscience, Krafton, Kakao Games, & Pearl Abyss

South Korea

SK IE Technology Co., Ltd operates as a material solution provider. The Company provides information material solutions, electronic materials solutions, and other products. SK IE Technology conducts businesses across worldwide.

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SK IE Technology (361610 KS)

WISE Battery Index Rebalancing Trading Update (July 8)

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This post explains the pre-announcement process and actual ETF operator trading for the upcoming rebalancing of the WISE Secondary Battery Theme...

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WISE Battery Index Rebalancing Preview (Implementation on July 9): SK IE Tech, Ecopro HN & Soulbrain

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KRX BBIG Index Rebalancing Preview: SK IE Tech, SK Bioscience, Krafton, Kakao Games, & Pearl Abyss

This post previews the KRX BBIG Index (including 4 sub-indices) scheduled for August 31, 2021. The notable names include SK Bioscience, SK IE...

Sanghyun Park

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