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

The Power Struggle Between Kim Yo-Jong Vs. Kim Pyong-Il (Post Kim Jong-Un) In North Korea?

Why Did Kim Jong-Un Have His Surgery In Hyangsan Medical Center & The Power Grab Post Stalin

Choe Ryong-Hae: China's Man Post Kim Jong-Un?

Cross Asset Strategy

<div class="content-highlight"><p><strong>There has been major <a href="https://www.bloomberg.com/news/articles/2020-04-21/kim-surgery-report-fuels-speculation-about-north-korean-leader" target="_blank" rel="noopener">news</a> that came out this morning regarding the fat North Korean dictator Kim Jong-Un who is in a critical condition after undergoing cardiovascular surgery last week. It is uncertain whether Kim Jong-Un is dead or alive. If he is alive, it is uncertain about his current brain conditions. </strong></p></div><p>Following this news, KOSPI is getting knocked down by 1.8%. The major Korean defense stocks are rising sharply today.</p><ul>
<li>
<a href="https://www.smartkarma.com/entities/hanwha-aerospace-co-ltd" target="_blank" data-smartkarma-citation="entities:504:1" rel="noopener">Hanwha Aerospace (012450 KS)</a> - Up 7.1%</li>
<li>
<a href="https://www.smartkarma.com/entities/korea-aerospace-industries" target="_blank" data-smartkarma-citation="entities:9033:1" rel="noopener">Korea Aerospace Industries (047810 KS)</a> - Up 8.5%</li>
<li>
<a href="https://www.smartkarma.com/entities/lig-nex1-co" target="_blank" data-smartkarma-citation="entities:23588:1" rel="noopener">LIG Nex1 Co (079550 KS)</a> - Up 4.1%</li>
<li>
<a href="https://www.smartkarma.com/entities/hanwha-systems-co-ltd" target="_blank" data-smartkarma-citation="entities:28308:1" rel="noopener">Hanwha Systems Co Ltd (272210 KS)</a> - Up 4.2%</li>
<li>
<a href="https://www.smartkarma.com/entities/victek-co-ltd" target="_blank" data-smartkarma-citation="entities:1641:1" rel="noopener">Victek Co Ltd (065450 KS)</a> - Up 26%</li>
</ul><p>Given that KJU is only 36 years old, there is probably no succession plan in place right now. In terms of the impact on the Korean stock market - this is an obvious NEGATIVE. So until he shows up again publicly, the market will continue to view this situation negatively. In the midst of the COVID-19 pandemic, this is another potential major risk factor in the Korean stock market for the time being. </p>

There has been major news that came out this morning regarding the fat North Korean dictator Kim Jong-Un who is in a critical condition after undergoing cardiovascular surgery last week. It is uncertain whether Kim Jong-Un is dead or alive. If he is alive, it is uncertain about his current brain conditions. Following this news, KOSPI is getting knocked down by 1.8%. The major Korean defense stocks are rising sharply today.

Hanwha Aerospace (012450 KS) - Up 7.1%

Korea Aerospace Industries (047810 KS) - Up 8.5%

LIG Nex1 Co (079550 KS) - Up 4.1%

Hanwha Systems Co Ltd (272210 KS) - Up 4.2%

Victek Co Ltd (065450 KS) - Up 26%
Given that KJU is only 36 years old, there is probably no succession plan in place right now. In terms of the impact on the Korean stock market - this is an obvious NEGATIVE. So until he shows up again publicly, the market will continue to view this situation negatively. In the midst of the COVID-19 pandemic, this is another potential major risk factor in the Korean stock market for the time being. 

Kim Jong-Un: Dead or Alive?