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

15 Adds & 15 Deletes in KOSDAQ 150 Rebalancing: Passive Impact & Trade Approaches

Short Position Approach on the Index Entrants on December 10 in Korea

SK Inc Flow Tracking for New Shares Listing on Dec 27

SK Swap Arb: Cancellation Risk Assessment & Long/Short Setup Opportunities

A "Nearly" Pure Arb Opportunity: SK Holdings & SK Materials Stock Swap

SK Inc/SK Materials Merger: Approval Possibilities & Another Arb Opportunity with SK Inc Futures

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>Attention is now being drawn on index rebalancing trading for SK Inc ahead of the trading suspension of SK Materials' stocks, which begins on November 29.</li>
<li>The KRX will apply SK Inc's increase in the number of shares on the start date of the trading suspension (November 29), not the new stock listing date (December 27).</li>
<li>Combining the above two, we should expect a passive inflow of about ₩14.4Bat the close on November 28, representing 0.30x 30-day ADTV.</li>
</ul>


Attention is now being drawn on index rebalancing trading for SK Inc ahead of the trading suspension of SK Materials' stocks, which begins on November 29.
The KRX will apply SK Inc's increase in the number of shares on the start date of the trading suspension (November 29), not the new stock listing date (December 27).
Combining the above two, we should expect a passive inflow of about ₩14.4Bat the close on November 28, representing 0.30x 30-day ADTV.


SK Inc Merger: KOSPI 200 Passive Impact at the Close on November 28