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

Applying MSCI Float Calculations for Krafton & SD Biosensor to Latest IPOs, Incl. Kakao Pay

MSCI Korea: Constituents Subject to Index Weight Increase - Watch Kakao Bank

KOSPI 200 December Rebalancing: Constituents with a Substantial Free Float Change

Kakao Pay Listing: Day 1 Preview with Extremely Tight Float Situation

Kakao Pay: KOSPI 200 Fast Entry Passive Impact Estimations

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 view that Kakao Pay may fail the KOSPI 200 Fast Entry is seen as a bigger reason for a further price correction lately. </li>
<li>The question is whether the minimum float rate (10%) condition is satisfied. And the key here is how the KRX handles the stake held by Alipay.</li>
<li>Despite the concerns, the KRX will treat Alipay as float if it applies the same practice as previous cases (Netmarble and HYBE).</li>
</ul>


The view that Kakao Pay may fail the KOSPI 200 Fast Entry is seen as a bigger reason for a further price correction lately. 
The question is whether the minimum float rate (10%) condition is satisfied. And the key here is how the KRX handles the stake held by Alipay.
Despite the concerns, the KRX will treat Alipay as float if it applies the same practice as previous cases (Netmarble and HYBE).


Momentum Trading Opportunity to Take Advantage of Kakao Pay's KOSPI 200 Fast Entry Failure Concern

Kakaopay

Momentum Trading Opportunity to Take Advantage of Kakao Pay's KOSPI 200 Fast Entry Failure Concern