Daily BriefsSouth Korea

Daily Brief South Korea: SK IE Technology and more

In today’s briefing:

  • Key Timing Window for a Surge in Block Deals Before Pre-Disclosure Takes Effect in July


Key Timing Window for a Surge in Block Deals Before Pre-Disclosure Takes Effect in July

By Sanghyun Park

  • Anticipation grows for increased block deals before July 24th’s pre-announcement rule takes effect, emerging as a key investment focus in the local market.
  • The local market expects heightened activity in the three weeks post-May 15th, following first-quarter earnings announcements, a strategic move to mitigate insider trading controversies.
  • Local traders eagerly await which companies will capitalize on the post-first-quarter earnings window, with a highly anticipated block deal involving SK Innovation selling a portion of its stake in SKIET.

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