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

Hyundai Mobis: Plans to Spin Off Parts & Module Units

Korea Sector Pair: Hyundai Mobis Vs. Kia and Hyundai Motor

A Substantial Trade Seems Lurking on Hyundai Mobis with Chung's Possible Stake Purchase

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>Hyundai Mobis said it was considering a split but had not yet made a decision. This kind of response is generally seen as an ACKNOWLEDGMENT.</li>
<li>The eventual goal should be to liquidate the Chung family's Mobis stake via spin-off/merger and swap it with Kia Motors' Mobis stake. It implies that this will be a spin-off.</li>
<li>This aspect serves as an opportunity to use today's Mobis price drop as a swing trading entry point. I would consider building a Long/Short setup with HMC at this point.</li>
</ul>


Hyundai Mobis said it was considering a split but had not yet made a decision. This kind of response is generally seen as an ACKNOWLEDGMENT.
The eventual goal should be to liquidate the Chung family's Mobis stake via spin-off/merger and swap it with Kia Motors' Mobis stake. It implies that this will be a spin-off.
This aspect serves as an opportunity to use today's Mobis price drop as a swing trading entry point. I would consider building a Long/Short setup with HMC at this point.


Looking at Hyundai Mobis Spin-Off from a Swing Trading Perspective