In today’s briefing:
- Posco DX Included in KOSPI 200 IT Sector Index: Exploring Flow Trading Implications
- Mohegan Gaming’s Inspire Resort to Launch the First Foreigners Only Casino in Korea in 19 Years
Posco DX Included in KOSPI 200 IT Sector Index: Exploring Flow Trading Implications
- I confirmed that Posco DX will be incorporated into the KOSPI 200 IT Sector Index. The implementation date for this is also scheduled for March 15th.
- The direct flow size from the KOSPI 200 IT into Posco DX is approximately 0.3x ADTV, implying a noteworthy price impact on March 14th, concentrated from 2:00 PM to close.
- When designing Posco DX’s March 14 KOSPI 200 inclusion flow setup, we must also proactively design strategies to capture flows from the KOSPI 200 IT within a narrow time window.
Mohegan Gaming’s Inspire Resort to Launch the First Foreigners Only Casino in Korea in 19 Years
- On 24 January, Mohegan Gaming & Entertainment announced that it has received the final approval to open a foreigners-only casino at its Inspire resort complex in Incheon, South Korea.
- This will become the first new foreigners-only casino in Korea in 19 years. Currently, there are 17 foreigners-only casinos in Korea.
- The opening of the Inspire Resort in Incheon, Korea will likely have a negative impact on the foreigners only casino operators in Korea including Paradise Co Ltd (034230 KS).
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