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

Pre-Positioning Targeting Solactive Global Lithium Index's October Rebalancing

Solactive Lithium Index Rebalancing: Noteworthy Names in Korea Before the Announcement

LG Energy Flow Crunch with Additional Passives: K200/MSCI Up-Weight & LIT Inclusion

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>Despite the WATCH list's confusion, LG Energy Solution replaced LG Chem. In addition, Solactive excluded Iljin Materials, evidently due to its float-adjusted market cap size.</li>
<li>There are some somewhat elusive additions. The most prominent example is Japan Steel Works, which replaced LG Chem in the updated WATCH list at the last minute.</li>
<li>There was confusion about LG Chem's deletion until the last minute, so, likely, the market has not sufficiently reflected this rebalancing factor in LG Energy/LG Chem's LONG/SHORT.</li>
</ul>


Despite the WATCH list's confusion, LG Energy Solution replaced LG Chem. In addition, Solactive excluded Iljin Materials, evidently due to its float-adjusted market cap size.
There are some somewhat elusive additions. The most prominent example is Japan Steel Works, which replaced LG Chem in the updated WATCH list at the last minute.
There was confusion about LG Chem's deletion until the last minute, so, likely, the market has not sufficiently reflected this rebalancing factor in LG Energy/LG Chem's LONG/SHORT.


Global X Lithium & Battery Tech ETF (LIT US)

Solactive Lithium Review Results Out: Key Takeaways

LG Chem Ltd

Solactive Lithium Review Results Out: Key Takeaways