In today’s briefing:
- Ecopro BM’s KOSPI Move: Trade LS Marine Solution & Green Cross for the Real Play
- End of Mandatory Lock-Up Periods for 52 Companies in Korea in December 2024
Ecopro BM’s KOSPI Move: Trade LS Marine Solution & Green Cross for the Real Play
- Ecopro BM’s still hot trading volume might minimize passive impact. The real action is who replaces it in KOSDAQ 150 and which KOSPI 200 stock gets the boot.
- LS Marine Solution joins KOSDAQ 150, while Green Cross Holdings gets the boot due to the lowest average daily market cap from May 1 to October 31.
- KRX fast-tracks approvals for financially strong companies in 20 trading days. Ecopro BM likely qualifies, meaning approval could come before Christmas—ideal timing for entry.
End of Mandatory Lock-Up Periods for 52 Companies in Korea in December 2024
- We discuss the end of the mandatory lock-up periods for 52 stocks in Korea in December 2024, among which two are in KOSPI and 50 are in KOSDAQ.
- Hese 52 stocks on average could be subject to further selling pressures in December and could underperform relative to the market.
- The top three market cap stocks including those of which at least 1% of outstanding shares could be sold in December are Jeju Air, LS Materials, and Toolgen.