Pan-Asia Index Rebalances/ Events/ Delta One, Periscope Analytics

Brian Freitas

Highly experienced ex-Delta One trader with 17 years of experience trading arbitrage and related strategies across Asian markets.

Exempt Financial Adviser (EFA) under CrossASEAN Research Pte Ltd.

It is important to note that the information provided by Periscope Analytics is based on publicly available data and own knowledge, which has been gathered and synthesized from a variety of sources. While every effort has been made to ensure the accuracy and completeness of the information provided, it is not guaranteed to be free from errors or omissions.

All forecasts and estimates are based on information that has been obtained from public sources that are considered to be reliable. The sources include, but are not limited to, company announcements, exchange filings, ETF and other passive investment vehicle holdings, and free float and volume data from third-party data providers. Periscope Analytics does not guarantee the accuracy and completeness of the forecasts, estimates and/or other information.

Pan-Asia Index Rebalances/ Events/ Delta One

Korea - Technology Covering Offsets Shorts in Other Sectors

FSC Tweaks Short Sell Rules; Shorts Jump on Samsung Electronics, KT&G, Hyundai Motors

Korea - AmoreCorp, LotteChem, KMW, Helixmith Shorts Increase; Covering on Shinhan, Semco, Samsung

Quantitative Analysis

South korea Semiconductors and semiconductor equipment / Quantitative Analysis

<div><p>The Korea Exchange (KRX) publishes outstanding short position data daily with a two day lag. The data below is of the close of 21 February 2020.</p></div><div><p>Current short notional on the KOSPI market is KRW 10,372bn (US$8.54bn) with the largest short notionals in <a href="https://www.smartkarma.com/entities/celltrion-inc" target="_blank" rel="noopener" data-smartkarma-citation="entities:991:1">Celltrion Inc (068270 KS)</a>, <a href="https://www.smartkarma.com/entities/samsung-biologics-co-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:22932:1">Samsung Biologics Co., (207940 KS)</a>, <a href="https://www.smartkarma.com/entities/amorepacific-corp" target="_blank" rel="noopener" data-smartkarma-citation="entities:20854:1">Amorepacific Corp (090430 KS)</a>, <a href="https://www.smartkarma.com/entities/samsung-electronics-co-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:191:1">Samsung Electronics (005930 KS)</a> and <a href="https://www.smartkarma.com/entities/samsung-electro-mechanics-co-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:539:1">Samsung Electro Mechanics Co, Ltd. (009150 KS)</a>.</p></div><div><p>Stocks with the largest increase in short interest over the week were <a href="https://www.smartkarma.com/entities/kakao-corp" target="_blank" rel="noopener" data-smartkarma-citation="entities:15002:1">Kakao Corp (035720 KS)</a>, <a href="https://www.smartkarma.com/entities/samsung-electronics-co-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:191:1">Samsung Electronics (005930 KS)</a>, <a href="https://www.smartkarma.com/entities/amorepacific-corp" target="_blank" rel="noopener" data-smartkarma-citation="entities:20854:1">Amorepacific Corp (090430 KS)</a> and <a href="https://www.smartkarma.com/entities/samsung-electronics-pref-shares" target="_blank" rel="noopener" data-smartkarma-citation="entities:23591:1">Samsung Electronics Pref Shares (005935 KS)</a> while shorts were covered in <a href="https://www.smartkarma.com/entities/samsung-electro-mechanics-co" target="_blank" rel="noopener" data-smartkarma-citation="entities:539:1">Samsung Electro Mechanics Co, Ltd. (009150 KS)</a>, <a href="https://www.smartkarma.com/entities/samsung-biologics-co-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:22932:1">Samsung Biologics Co., (207940 KS)</a>, <a href="https://www.smartkarma.com/entities/lg-chem-ltd" target="_blank" rel="noopener" data-smartkarma-citation="entities:3583:1">LG Chem Ltd (051910 KS)</a> and <a href="https://www.smartkarma.com/entities/fila-holdings-corp" target="_blank" rel="noopener" data-smartkarma-citation="entities:10699:1">Fila Korea Ltd (081660 KS)</a>.   </p></div>

The Korea Exchange (KRX) publishes outstanding short position data daily with a two day lag. The data below is of the close of 21 February 2020.Current short notional on the KOSPI market is KRW 10,372bn (US$8.54bn) with the largest short notionals in Celltrion Inc (068270 KS), Samsung Biologics Co., (207940 KS), Amorepacific Corp (090430 KS), Samsung Electronics (005930 KS) and Samsung Electro Mechanics Co, Ltd. (009150 KS).Stocks with the largest increase in short interest over the week were Kakao Corp (035720 KS), Samsung Electronics (005930 KS), Amorepacific Corp (090430 KS) and Samsung Electronics Pref Shares (005935 KS) while shorts were covered in Samsung Electro Mechanics Co, Ltd. (009150 KS), Samsung Biologics Co., (207940 KS), LG Chem Ltd (051910 KS) and Fila Korea Ltd (081660 KS).   

Samsung Electro Mechanics Co, Ltd. (009150 KS)

Samsung Electronics Pref Shares (005935 KS)

Korea Stock Exchange KOSPI 200 (KOSPI2 INDEX EQUITY)

Korea - Shorts Increase on Samsung Common and Pref Shares