In today’s briefing:
- Issues with WCP & SillaJen for KOSDAQ 150 Special Entry in December
Issues with WCP & SillaJen for KOSDAQ 150 Special Entry in December
- Two other names aim at Special Entry: WCP and SillaJen. Their listing dates are September 30 and October 13. So, they are technically eligible. But they each have their issues.
- As for WCP, MSCI has not yet assigned a GICS sector. It is unlikely that KRX will put WCP into the KOSDAQ 150 without GICS confirmation.
- SillaJen is technically eligible as its ADMINISTRATIVE designation got terminated. But the rule allowing for KRX’s arbitrary judgment can act as an uncertainty factor.
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