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

Gap Trade Opportunities in Korean Prefs Vs Common Share Pairs in 2Q 2025

A Pair Trade Between LG Chem (Common) And LG Chem (Preferred)

A Pair Trade Between LG Electronics and LG Display

An Increasing Probability of LG Corp Preferred Shares Cancellation

Continuing Outperformance & Closing the Gaps of Preferred Vs Common Shares in Korea

Gap Trade Opportunities in Korean Prefs Vs Common Share Pairs in 4Q 2024

Hoban Construction Acquires a 17.4% Stake in HanjinKal

Douglas Research Advisory

Equity Bottom-Up

Amorepacific Corp (Preferred) / Equity Bottom-Up

Amorepacific Corp (Preferred) (090435 KS)

<ul>
<li>In this insight, we discuss numerous gap trade opportunities involving Korean preferred and common shares in 1Q 2025.</li>
<li>Among the 27 major pair trades (prefs vs. common shares), 20 of the pref stocks outperformed their common shares counterparts in 2024.</li>
<li>The 27 Korean preferred stocks' average prices declined by 1% from end of 2023 to end of 2024 (excluding dividends), outperforming their common counterparts which were down on average 3.7%.</li>
</ul>


In this insight, we discuss numerous gap trade opportunities involving Korean preferred and common shares in 1Q 2025.
Among the 27 major pair trades (prefs vs. common shares), 20 of the pref stocks outperformed their common shares counterparts in 2024.
The 27 Korean preferred stocks' average prices declined by 1% from end of 2023 to end of 2024 (excluding dividends), outperforming their common counterparts which were down on average 3.7%.


Gap Trade Opportunities in Korean Prefs Vs Common Share Pairs in 1Q 2025