In today’s briefing:
- KOSDAQ 150 Rebalancing: Changes & Passive Impacts
- Chungdam Global IPO Preview
KOSDAQ 150 Rebalancing: Changes & Passive Impacts
- The KOSDAQ 150 rebalancing in June will have nine adds and deletes, respectively.
- Additions: Vidente (121800), GOLFZON (215000), Hana Micron (067310), Danal (064260), Intellian Technologies (189300), Advanced Nano (121600), Neoimmunetech (950220), NKMax (182400), & WYSIWYG (299900)
- Deletions: Toptec (108230), Danawa (119860), Optoelectronics Solutions (138080), Unison (018000), Daea Ti (045390), AP Systems (265520), Seojin System (178320), Wonik Holdings (030530), & Rsupport (131370)
Chungdam Global IPO Preview
- Chungdam Global is getting ready to complete its IPO in the next several weeks. The expected market cap after the IPO is from 179 billion won to 204 billion won.
- Chungdam Global sells Korean cosmetics and other global beauty brands to e-commerce companies in China and other countries. It generated more than 75% of its sales in 2021 from JD.com.
- The company experienced exceptional growth in sales and profits in the past several years. Its sales and operating profits jumped by 97.4% and 204% CAGR from 2019 to 2021, respectively
Before it’s here, it’s on Smartkarma
