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

Equity Capital Markets

Investors seem to be slightly more excited about Line IPO than previously expected.Surely, this improved sentiment is a result of the combination of multiple factors. It seems certain that tech IPO drought and strong confidence in Naver and Line management team have played a significant role in improving the market sentiment toward Line IPO.But I like to pay more attention to Naver’s plan to use Line IPO money. Naver has reiterated that it would make a huge investment on the development of…

Investors seem to be slightly more excited about Line IPO than previously expected.Surely, this improved sentiment is a result of the combination of multiple factors. It seems certain that tech IPO drought and strong confidence in Naver and Line management team have played a significant role in improving the market sentiment toward Line IPO.But I like to pay more attention to Naver’s plan to use Line IPO money. Naver has reiterated that it would make a huge investment on the development of…

Strong Demand for Line IPO? Probably Due to Value Transfer from Naver to Line

A Holdings

Strong Demand for Line IPO? Probably Due to Value Transfer from Naver to Line