Daily BriefsSouth Korea

Daily Brief South Korea: Mirae Asset TIGER Secondary Cell ETF, Nice Information Service Co and more

In today’s briefing:

  • Flow Trading Targeting Cap Reversion in TIGER Battery ETF Rebalancing on April 13
  • Four Companies Likely to Switch Their Listing from KOSDAQ to KOSPI in 2023/2024

Flow Trading Targeting Cap Reversion in TIGER Battery ETF Rebalancing on April 13

By Sanghyun Park

  • There seems to be no constituent change this time. However, opportunities from cap reversion are likely to lead to noteworthy passive flows.
  • Ecopro BM and Ecopro Co will experience a weight movement of -4.35% and -3.68%p. On the other hand, SK Innovation will enjoy the most pleasant passive impact.
  • At KODEX Battery’s March rebalancing, the Long SK Innovation Short Ecopro BM position setup provided a return of more than 10% with a similar level of impact x ADTV.

Four Companies Likely to Switch Their Listing from KOSDAQ to KOSPI in 2023/2024

By Douglas Kim

  • In this insight, we discuss four companies that are likely to switch their listing from KOSDAQ to KOSPI in 2023/2024.
  • These four companies include Ecopro BM, Ecopro Co, BH Co, and Nice Information Service.
  • BH Co and Nice Information Service have included the agenda of transfer of the listing from KOSDAQ to KOSPI in their upcoming AGMs this month. 

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