In today’s briefing:
- Impact of Allowing Negotiated Block Trades for Eight Futures Spreads, Incl. SSF SP
- SKC: Aggressive Plans to Expand Rechargeable Battery & Semiconductor Materials – But At What Price?
Impact of Allowing Negotiated Block Trades for Eight Futures Spreads, Incl. SSF SP
- It is highly probable that SP trading will increase after July 31st, as this will provide a more conducive environment for the seamless rollover of large positions.
- Considering the actual impact on the market, we may have to pay more attention to the potential surge in trading volume for single-stock futures SP.
- We see a rise in aggressive position setups in event trading, including rights offerings. This may lead to a more substantial price impact by increasing the intensity of such trading.
SKC: Aggressive Plans to Expand Rechargeable Battery & Semiconductor Materials – But At What Price?
- SKC announced aggressive plans to expand its rechargeable battery, semiconductor, and ecofriendly materials and it plans to invest about 5 trillion to 6 trillion won in these businesses by 2027.
- We believe that the company will use a combination of asset sales, sale of its treasury shares, and additional debt and equity raising in the next 3-5 years.
- While the market welcomes sale of non-core businesses such as SK Pucore and sale of treasury shares, it is likely to have greater concerns about additional debt and equity raising.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Data and News
- ✓ Events & Webinars
