![](https://wp-static.smartkarma.com/../assets/uploaded/2023/08/Smartkarma-Insight-Card-Square.png)
In today’s briefing:
- Impact of Kim Byung-Hwan’s Appointment as Korea FSC Chairman on Value-Up Policy
- EQD | Will the HSI Keep Falling In July?
- Morguard Real Estate Invt Tr (MRT.UN) – Friday, Apr 5, 2024
![](http://www.smartkarma.com/assets/plugins/a3-lazy-load/assets/images/lazy_placeholder.gif)
Impact of Kim Byung-Hwan’s Appointment as Korea FSC Chairman on Value-Up Policy
- Kim Byung-hwan addressed criticism of weak incentives in tax support for the value-up policy, emphasizing boosting dividends. His background suggests effective advocacy for tax reforms in his new role.
- He prioritized abolishing the FIIT in the National Assembly, citing its hindrance to capital market liquidity and investment promotion, indicating a robust approach to the value-up policy.
- Kim’s appointment as FSC Chairman signals the government’s commitment to advancing the value-up policy. He emphasizes boosting dividends and aligning tax policies accordingly, shaping trading strategies toward dividend-expanding companies.
EQD | Will the HSI Keep Falling In July?
- After an explosive rally in April, the Hang Seng Index has been in a downtrend since mid-May, many are wondering where the index is headed next.
- July 2024, based on our seasonal pattern analysis, does not have a great chance to close higher (it could, but the odds are not good).
- If the index goes down in the next 2 weeks, buy the 17600-17300 price area.
Morguard Real Estate Invt Tr (MRT.UN) – Friday, Apr 5, 2024
- Morguard REIT (MRT) is considered undervalued due to its exposure to commercial real estate, particularly in the office sector
- MRT, a part of the Morguard group, is expected to unlock its value through a catalyst similar to Temple Hotels (TPH)
- Despite being part of Morguard Corp (MRC), MRT has traditionally traded at a discount to its own NAV, with an estimated value of $7.5+ per unit and potential development asset upside, offering a projected downside of $4.5 per unit.
This content is sourced through publicly available sources and has been machine generated. Information displayed is for general informational purposes only. This article was originally published 3 months ago on Value Investors Club.