Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 25 years of experience in analyzing hundreds of companies, especially in Asia. Deep expertise in the following sectors:
- Technology (E-commerce, SaaS, Internet)
- Consumer 
- Special Situations/Deep Value Plays
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

A Block Deal Sale of 3.1% of Kakao Bank by KB Kookmin Bank

Kakao Pay: Downsized Rights Offering of Kakao Pay Securities & Potential Selling by Alipay

Kakao Pay: MSCI Will Likely to Continue to Treat Alipay as a Strategic Investor

The Launch of Apple Pay Is Likely to Result in Market Share Losses for Kakao Pay

Finding Alpha with the End of Mandatory Lock-Up Periods Data from Korea Securities Depository

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

Equity Bottom-Up

<ul>
<li>Kakao Pay's shares were down 6.6% today to 68,400 won, driven by the Korean regulators announcing a crackdown on the simple money remittance using fintech companies' apps without bank accounts.</li>
<li>There is a very high probability that the FSC will likely ban simple remittance and transfer of money using apps such as Kakao Pay in the coming months. </li>
<li>This will likely have a major negative impact on Kakao Pay and will further drive the stock downwards.</li>
</ul>


Kakao Pay's shares were down 6.6% today to 68,400 won, driven by the Korean regulators announcing a crackdown on the simple money remittance using fintech companies' apps without bank accounts.
There is a very high probability that the FSC will likely ban simple remittance and transfer of money using apps such as Kakao Pay in the coming months. 
This will likely have a major negative impact on Kakao Pay and will further drive the stock downwards.


Kakao Pay: A Likely Ban on Simple Remittance Without Bank Accounts

Kakaopay

Kakao Pay: A Likely Ban on Simple Remittance Without Bank Accounts