Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Changing Rules for Shorting Stocks & Retail Participation in the Korean IPO Market in 2021

Cross Asset Strategy

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It has been nearly five years that I have contributed on the Smartkarma research platform. In this insight, I share some of the details of the 12 major "bread &amp; butter" IPOs &amp; EVENT-DRIVEN trading strategies in Korea. The main purpose of this insight is to provide a broad overview of the key investment strategies of these IPOs &amp; event-driven strategies in Korea so that the readers become more aware of them and put them into action on a repeatable and consistent basis. 
Nonetheless, I would like to emphasize that although these IPOs &amp; EVENT-DRIVEN (also called Special Situations) strategies are put into 12 major categories, the art of investing is capitalizing on the optimal risk/reward opportunities of each investment, which is often a BEAST of its own.
</div>The following are the 12 major IPOs &amp; EVENT-DRIVEN trading strategies in Korea that I have detailed in this report:<ul>
<li>IPOs (Take Partial Profits at 100% of IPO Price) &amp; Let the Winners Run</li>
<li>IPOs (Track the Key Shareholding Companies Ahead of IPOs)</li>
<li>Big Share Transfer from Chairman/Chairwoman to Children</li>
<li>Holding Companies (Pre-Formations &amp; Pair Trades)</li>
<li>Indices Inclusions &amp; Exclusions (Index Arbitrage)</li>
<li>Share Buybacks, Owners Purchases, &amp; Stock Option Grants</li>
<li>Rights Offerings: Short the Stock (Pre Rights Offering) &amp; Buy the Rights or Subscribe to the Newly Issued Shares at Discount</li>
<li>Restructuring &amp; Change in CEO</li>
<li>Spin-Offs, Split-Offs, and Carve-Outs</li>
<li>Prefs vs. Common</li>
<li>Placements</li>
<li>Mergers &amp; Acquisitions/Tender Offers/Activism</li>
</ul>


It has been nearly five years that I have contributed on the Smartkarma research platform. In this insight, I share some of the details of the 12 major "bread &amp; butter" IPOs &amp; EVENT-DRIVEN trading strategies in Korea. The main purpose of this insight is to provide a broad overview of the key investment strategies of these IPOs &amp; event-driven strategies in Korea so that the readers become more aware of them and put them into action on a repeatable and consistent basis. 
Nonetheless, I would like to emphasize that although these IPOs &amp; EVENT-DRIVEN (also called Special Situations) strategies are put into 12 major categories, the art of investing is capitalizing on the optimal risk/reward opportunities of each investment, which is often a BEAST of its own.
The following are the 12 major IPOs &amp; EVENT-DRIVEN trading strategies in Korea that I have detailed in this report:
IPOs (Take Partial Profits at 100% of IPO Price) &amp; Let the Winners Run
IPOs (Track the Key Shareholding Companies Ahead of IPOs)
Big Share Transfer from Chairman/Chairwoman to Children
Holding Companies (Pre-Formations &amp; Pair Trades)
Indices Inclusions &amp; Exclusions (Index Arbitrage)
Share Buybacks, Owners Purchases, &amp; Stock Option Grants
Rights Offerings: Short the Stock (Pre Rights Offering) &amp; Buy the Rights or Subscribe to the Newly Issued Shares at Discount
Restructuring &amp; Change in CEO
Spin-Offs, Split-Offs, and Carve-Outs
Prefs vs. Common
Placements
Mergers &amp; Acquisitions/Tender Offers/Activism


12 Major IPOs & Event-Driven Trading Strategies in the Korean Stock Market