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

Light at the End of the Dark Tunnel for Korean Cosmetics?

Gap Trades in Korean Prefs Vs Common Share Pairs in 1Q 2023

Doosan Robotics (Number One Player in Collaborative Robots in Korea) & NAV Analysis of Doosan Corp

Alpha Generation by Korean Prefs Vs. Common Shares Pair Trades in 2022

Close the Gap: Korean Pref Vs. Common Shares Post Restart of Allowing Short Selling of Stocks

Korean Prefs Vs Common: Closing the Gaps on Select Stocks

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Cross Asset Strategy

<ul>
<li>In this insight, we discuss numerous gap trades involving Korean preferred and common shares in 4Q 2022. </li>
<li>The excessive gaps in the preferred and common shares of Hotel Shilla and GS Holdings could reverse in the next several months, in our view. </li>
<li>We see some attractive longer-term opportunities for Doosan Fuelcell, Amorepacific Corp,  CJ Cheiljedang, and LG Chem, which have especially high discounts for the preferred shares versus their counterpart common shares.</li>
</ul>


In this insight, we discuss numerous gap trades involving Korean preferred and common shares in 4Q 2022. 
The excessive gaps in the preferred and common shares of Hotel Shilla and GS Holdings could reverse in the next several months, in our view. 
We see some attractive longer-term opportunities for Doosan Fuelcell, Amorepacific Corp,  CJ Cheiljedang, and LG Chem, which have especially high discounts for the preferred shares versus their counterpart common shares.


Gap Trades in Korean Prefs Vs Common Share Pairs in 4Q 2022