In today’s briefing:
- Launching KRX CSI Joint EV & Semiconductor ETFs
- Hotel Shilla: A Key Beneficiary of End of Zero COVID Policy in China & End of Mask Mandate in Korea
Launching KRX CSI Joint EV & Semiconductor ETFs
- KRX listed ETFs tracking the KRX-CSI joint indexes: KODEX Korea China EV (450180), KODEX Korea China Semiconductor (450190), TIGER Synth Korea-China EV (449680), and TIGER Synth Korea-China Semiconductor (449690)
- From a trading perspective, whether these newly introduced ETFs will replace the existing EV ETFs would be a key thinking point.
- This means a shift in the fund size of more than 5 trillion won and will cause a significant price impact in terms of flow trading.
Hotel Shilla: A Key Beneficiary of End of Zero COVID Policy in China & End of Mask Mandate in Korea
- Hotel Shilla is a key beneficiary of the end of the zero COVID policy in China and the end of the mask mandate in Korea.
- In the past several weeks, there has been a major shift on the highly stringent zero COVID policies in China which should have a positive impact on Hotel Shilla.
- In the next several quarters, we believe that there is a good chance that the company’s results exceed the consensus expectations, driven by millions of tourists from China to Korea.
💡 Before it’s here, it’s on Smartkarma
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