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

Hyundai Engineering & Construction (000720 KS): Trading Points

Zigbang: Number One Proptech App in Korea

Top 14 Korean Stocks to Benefit from Mohammed Bin Salman's Visit to South Korea in October/November

Samsung C&T and Hyundai E&C: Two Main Beneficiaries of Neom (World's Biggest Construction Project)

Launch of Kindex Nuclear Theme Deep Search ETF & Hanaro Nuclear ISelect ETF in Korea

Korean Construction Stocks - Household Debt Is the Achilles Heel

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

Equity Bottom-Up

Hyundai Engineering & Construction / Equity Bottom-Up

Hyundai Engineering & Construction (000720 KS)

<ul>
<li>We highlight the top five catalysts of why we believe Hyundai E&amp;C is likely to outperform the market in the next 6-12 months. </li>
<li>Higher housing supply, surge in new orders, expansion in nuclear projects/inclusion in nuclear ETFs, Neom mega project, and shift to value stocks are likely to drive Hyundai E&amp;C's outperformance.</li>
<li>Housing/Architecture accounted for 57.1% and 59.7% of total sales in 2021 and 1Q 2022, respectively. Plants/power plants accounted for 25.7% of total sales in 2021.</li>
</ul>


We highlight the top five catalysts of why we believe Hyundai E&amp;C is likely to outperform the market in the next 6-12 months. 
Higher housing supply, surge in new orders, expansion in nuclear projects/inclusion in nuclear ETFs, Neom mega project, and shift to value stocks are likely to drive Hyundai E&amp;C's outperformance.
Housing/Architecture accounted for 57.1% and 59.7% of total sales in 2021 and 1Q 2022, respectively. Plants/power plants accounted for 25.7% of total sales in 2021.


Hyundai Engineering & Construction: Top Five Catalysts