Daily BriefsSouth Korea

Daily Brief South Korea: Lotte Non Life Insurance Co and more

In today’s briefing:

  • Chronic Insider Trading in the Korean Tender Offer Market & Time Positions for Short-Term Targets


Chronic Insider Trading in the Korean Tender Offer Market & Time Positions for Short-Term Targets

By Sanghyun Park

  • There is a high likelihood of information leaking through the lead securities firm when the tender offer prospectus is provided to branches about three days before the disclosure.
  • With the FSS’s stricter stance, tender offer candidates may act swiftly before new regulations, prompting attention to potential surges in tender offers.
  • Our approach is clear: identify short-term tender offer candidates, monitor trading volumes for spikes, and use the three-day pre-disclosure surge to time our positions effectively.

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