Partner at Exencial Research, Exencial Research

Viral Kishorchandra Shah

Partner at Exencial Research

Exencial Research

Thematic (Sector/Industry)

<ul>
<li>Area under mustard rises 6% to 7.7 mha as of 30 Nov 2025</li>
<li>PLI scheme to drive technical textiles exports to USD 10 bn by 2030</li>
<li>Domestic steel demand to grow by 8% in 2025-26: ICRA</li>
</ul>


Area under mustard rises 6% to 7.7 mha as of 30 Nov 2025
PLI scheme to drive technical textiles exports to USD 10 bn by 2030
Domestic steel demand to grow by 8% in 2025-26: ICRA


Korea / Special Situations, Clepsydra Capital

Sanghyun Park

Korea / Special Situations

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<ul>
<li>Fresh intel hit at lunch. Official rollout is penciled for the 11th or 12th, sourced straight from a key gov’t operator and pushed to Hankyung.</li>
<li>The package basically boils down to two levers: juiced tax perks for retail in Kosdaq venture funds and a structural bump-up in pension-fund allocation.</li>
<li>Street sees this as constructive: tax tweaks to pull retail, pension weight-ups to juice flows, and focus on 300bn+ Kosdaq names that beat Q3 consensus 10%+.</li>
</ul>


Fresh intel hit at lunch. Official rollout is penciled for the 11th or 12th, sourced straight from a key gov’t operator and pushed to Hankyung.
The package basically boils down to two levers: juiced tax perks for retail in Kosdaq venture funds and a structural bump-up in pension-fund allocation.
Street sees this as constructive: tax tweaks to pull retail, pension weight-ups to juice flows, and focus on 300bn+ Kosdaq names that beat Q3 consensus 10%+.


Fresh Intel: Kosdaq Stimulus Drop Date & Key Targets

European Event-Driven Analyst

Jesus Rodriguez Aguilar

<ul>
<li>Equity reset: Sponsor-led restructuring reduced debt, extended maturities to 2031 and transferred control to DVC Partners, materially lowering near-term insolvency risk but leaving execution risk high.</li>
<li>Trading: Resumption (December 19) likely volatile, with forced sellers meeting opportunistic buyers; early price action expected to reflect liquidity and positioning rather than fundamentals.</li>
<li>Valuation framework: At reopening levels, equity reflects distressed stabilisation; upside depends on margin discipline and avoiding further dilution, not on near-term growth.</li>
</ul>


Equity reset: Sponsor-led restructuring reduced debt, extended maturities to 2031 and transferred control to DVC Partners, materially lowering near-term insolvency risk but leaving execution risk high.
Trading: Resumption (December 19) likely volatile, with forced sellers meeting opportunistic buyers; early price action expected to reflect liquidity and positioning rather than fundamentals.
Valuation framework: At reopening levels, equity reflects distressed stabilisation; upside depends on margin discipline and avoiding further dilution, not on near-term growth.


Soltec: Sponsor-Led Recapitalisation, Equity Reset and Trading Resumption

Founder, CEO, GSBR Research

Garvit Bhandari

Founder, CEO

Leading Provider of Equity and Investment Research

GSBR Research

We are an independent equity research provider focused on covering global markets. The aim of the research is to provide an unbiased view of the fundamentals of the company.

<ul>
<li>U.S. had 79,717 public EV stations (up 6.3% YOY) and 239,759 ports (up 1.9% YOY) as of November 2025; California led EV charging station count with 24.1% share.</li>
<li>ChargePoint dominates Level 2 chargers (33% share), while Tesla leads in DC Fast charging (54% of total DC ports). Electrify America and EVgo follow with ~8% and 7% shares.</li>
<li>Europe surpassed 1 million charge points; China reached 4.53 million public and 18.64 million total chargers by October 2025.</li>
</ul>


U.S. had 79,717 public EV stations (up 6.3% YOY) and 239,759 ports (up 1.9% YOY) as of November 2025; California led EV charging station count with 24.1% share.
ChargePoint dominates Level 2 chargers (33% share), while Tesla leads in DC Fast charging (54% of total DC ports). Electrify America and EVgo follow with ~8% and 7% shares.
Europe surpassed 1 million charge points; China reached 4.53 million public and 18.64 million total chargers by October 2025.


US EV Charging Infrastructure Tracker - November 2025

Decoding the Future of MENA Financial Markets, MENA Market Lab

Denis Collot

Decoding the Future of MENA Financial Markets

MENA Market Lab

Decoding the future of Middle East and North Africa Financial markets

Cross Asset Strategy

<ul><li>Oil slips below 60$. New 2-year KD issuance in Kuwait.                                                          </li><li>CPI lower in Dubai and Saudi Arabia.</li><li>Demand for SAR funding to remain sustained in 2026.</li></ul><div style="list-style-type: none;" aria-label="Post UFI"><div style="list-style-type: none;"><div style="list-style-type: none;"><div style="list-style-type: none;"><div style="list-style-type: none;"><div style="list-style-type: none;"><a href="https://substack.com/@deniscollot" target="_blank" aria-label="View Denis Collot's profile" rel="noopener"></a></div></div></div></div></div></div>

Oil slips below 60$. New 2-year KD issuance in Kuwait.                                                          CPI lower in Dubai and Saudi Arabia.Demand for SAR funding to remain sustained in 2026.