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>From early June until yesterday, local pension funds have purchased nearly 4% of DB HiTek's SO. This places DB HiTek in a dominant first position in their net buying list.</li>
<li>The timing of local pension funds beginning to buy DB HiTek coincidentally aligns with May 22, when DB Inc was requested by the KFTC to transition into a holding company.</li>
<li>Focus on potential price impact from DB Inc.'s buying and value-up index inflows. Considering a relative overweight in DB HiTek may be strategic despite some risk.</li>
</ul>


From early June until yesterday, local pension funds have purchased nearly 4% of DB HiTek's SO. This places DB HiTek in a dominant first position in their net buying list.
The timing of local pension funds beginning to buy DB HiTek coincidentally aligns with May 22, when DB Inc was requested by the KFTC to transition into a holding company.
Focus on potential price impact from DB Inc.'s buying and value-up index inflows. Considering a relative overweight in DB HiTek may be strategic despite some risk.


Trading Situation Arising from Local Pensions' Unusual Buying of DB HiTek

DB Hitek Co., Ltd.

Trading Situation Arising from Local Pensions' Unusual Buying of DB HiTek