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

Clepsydra Capital

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

Event-Driven

<ul>
<li>A rather unusual price movement came out on February 20 for HLB. On the first trading day after the board of directors' decision, the price reached the upper daily limit.</li>
<li>The short covering got to a temporarily excessive level in the process of securing appraisal rights should be the reason that led to the upper limit.</li>
<li>We should design a trading setup targeting excessive short covering-triggered price overheating in split-off events. At this point, the most likely candidate to pursue a split-off is DB Hitek.</li>
</ul>


A rather unusual price movement came out on February 20 for HLB. On the first trading day after the board of directors' decision, the price reached the upper daily limit.
The short covering got to a temporarily excessive level in the process of securing appraisal rights should be the reason that led to the upper limit.
We should design a trading setup targeting excessive short covering-triggered price overheating in split-off events. At this point, the most likely candidate to pursue a split-off is DB Hitek.


Never-Seen Price Pattern Detected in a Split-Off Event Granting Appraisal Rights in Korea

DB Hitek Co., Ltd.

Never-Seen Price Pattern Detected in a Split-Off Event Granting Appraisal Rights in Korea