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

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Event-Driven

Early this morning, Samsung Electronics made an official announcement that it had sold its shares in some of its overseas tech firms. Following are the details (no specific financial terms were disclosed except ASML).<ol>
<li>
ASML Holding NV: SEC sold 1.5% shares (half of its 3% shares) for ₩766.4bil (US$681mil). SEC still retains 1.5% shares in ASML, which is the world's largest lithography system maker used in printing circuit patterns on silicon wafers for SEC's various chips.</li>
<li>
Rambus Inc.: SEC sold all…</li>
</ol>

Early this morning, Samsung Electronics made an official announcement that it had sold its shares in some of its overseas tech firms. Following are the details (no specific financial terms were disclosed except ASML).

ASML Holding NV: SEC sold 1.5% shares (half of its 3% shares) for ₩766.4bil (US$681mil). SEC still retains 1.5% shares in ASML, which is the world's largest lithography system maker used in printing circuit patterns on silicon wafers for SEC's various chips.

Rambus Inc.: SEC sold all…


Samsung Sold Shares in Four Tech Firms, ASML, Rambus, Seagate & Sharp - Interpretation?