Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Kakao Pay Shorting Entry Point: June 9 KOSPI 200 or June 17 FTSE?

KOSPI 200 Rebalancing Minimal Flow at the Close on June 9 For Day Basket-Trading

KOSPI 200 Constituents with a Float Rate Change: 11 Increases & 2 Reductions

KOSPI 200 IT Sector Index Rebalancing Flow: Watch Kakao Pay & LG Corp

Krafton & Kakao Bank: Upweight-Triggered Combined Flow for MSCI Standard & KOSPI 200

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

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<ul>
<li>The KRX officially announced the float rate changes of the KOSPI 200 constituents at this June rebalancing: 11 increases and 5 decreases.</li>
<li>Kakao Bank has the most significant change of 43%p, followed by Krafton and Woori Financial. NH Investment and HD Infracore will suffer a drop of 9%p.</li>
<li>As for passive flow x ADTV, Kakao Bank leads the pack at 2.95x, followed by Kakao Pay (1.15x). NH Investment and Korea Gas will face a noticeable outflow.</li>
</ul>


The KRX officially announced the float rate changes of the KOSPI 200 constituents at this June rebalancing: 11 increases and 5 decreases.
Kakao Bank has the most significant change of 43%p, followed by Krafton and Woori Financial. NH Investment and HD Infracore will suffer a drop of 9%p.
As for passive flow x ADTV, Kakao Bank leads the pack at 2.95x, followed by Kakao Pay (1.15x). NH Investment and Korea Gas will face a noticeable outflow.


NH Investment & Securities Co (005945 KS)

KOSPI 200 Official Announcement: Float Rate Changes (11 Up & 5 Down)

KakaoBank

KOSPI 200 Official Announcement: Float Rate Changes (11 Up & 5 Down)