Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Thematic (Sector/Industry)

<ul><li><div class="content-highlight">In November, there was<strong> continued sector rotation</strong> in Korea, with investors selling some of the market leading IT names and buying healthcare, media &amp; telecom, and consumer stocks. The <a href="https://www.smartkarma.com/entities/24255" target="_blank" data-smartkarma-citation="entities:24255:1">Studio Dragon Corp (253450 KS)</a> IPO catapulted more than 100% from its IPO price as many investors flocked to Korean entertainment, cosmetics, and biotech-related names during the month. China also announced a partial opening up of group tours to South Korea. In addition, the Bank of Korea raised the key interest…</div></li></ul>

In November, there was continued sector rotation in Korea, with investors selling some of the market leading IT names and buying healthcare, media &amp; telecom, and consumer stocks. The Studio Dragon Corp (253450 KS) IPO catapulted more than 100% from its IPO price as many investors flocked to Korean entertainment, cosmetics, and biotech-related names during the month. China also announced a partial opening up of group tours to South Korea. In addition, the Bank of Korea raised the key interest…

Korea Stock Market Monthly Recap #20 (November 2017)

Global Head of Research, Smartkarma

Mark Artherton

Global Head of Research

LR Research

<p><strong>In Today's Issue</strong></p><p><strong>A Corruption convention, chicken nuggets, rampant growth of corporate market power, Turkish airport passenger growth, reducing packet switching bottlenecks, high tax countries encourage tax havens, 'Emma' helps sign mortgages in Singapore, PBoC governor continues his grumpy man routine, Foreign credit cards are not welcome in China and Brazil's Finance Minister hides his money for charity.</strong></p><div class="content-highlight"><p><strong>1.  The Conference of the States Parties to the United Nations Convention against Corruption</strong>…</p></div>

In Today's IssueA Corruption convention, chicken nuggets, rampant growth of corporate market power, Turkish airport passenger growth, reducing packet switching bottlenecks, high tax countries encourage tax havens, 'Emma' helps sign mortgages in Singapore, PBoC governor continues his grumpy man routine, Foreign credit cards are not welcome in China and Brazil's Finance Minister hides his money for charity.1.  The Conference of the States Parties to the United Nations Convention against Corruption…

Equity Bottom-Up

<p>This report is broken down into two parts. First, we discuss the ramifications of SK Group Chairman Chey Tae-Won seeking a divorce from his wife. Second, we discuss the implications of the "fast and the furious" pace of M&amp;As, spin-offs, and asset sales among the SK affiliated companies in the past year and the implications on the <strong>"Big Event"</strong> to come. </p>

This report is broken down into two parts. First, we discuss the ramifications of SK Group Chairman Chey Tae-Won seeking a divorce from his wife. Second, we discuss the implications of the "fast and the furious" pace of M&amp;As, spin-offs, and asset sales among the SK affiliated companies in the past year and the implications on the "Big Event" to come. 

Complications of Chey Tae-Won's Potential Divorce & SK Group's Furious Pace of M&As & Restructurings

<ul><li><div class="content-highlight">
<strong>In October, there was a massive rotation into the consumer sector, and the sector ETF was up 14.4% during the month.</strong> Since the last week of September, investors have started to add significantly into the Korean consumer-related names, especially cosmetics, hotels &amp; leisure, household goods, and entertainment sectors. Much of this was driven by expectations of improving relations between China and South Korea. In fact, at end of October, there was a formal announcement made by the Chinese and…</div></li></ul>


In October, there was a massive rotation into the consumer sector, and the sector ETF was up 14.4% during the month. Since the last week of September, investors have started to add significantly into the Korean consumer-related names, especially cosmetics, hotels &amp; leisure, household goods, and entertainment sectors. Much of this was driven by expectations of improving relations between China and South Korea. In fact, at end of October, there was a formal announcement made by the Chinese and…

Korea Stock Market Monthly Recap #19 - (October 2017)

Chart based progressive global trading strategies, Chart Partners

Thomas Schroeder

Chart based progressive global trading strategies

Chart Partners

Chart Partners objective is to discover medium-term cycle turns and profit opportunities before they unfold, within structural trends while preserving capital with clear degrees of risk. We have real return ideas. 

Markets are dynamic and trading systems must reflect this. It is crucial to determine underlying correlations and lead-lag relationships within global markets and the impact on linked instruments. Our weekly Chartonics product gives you short-term trading strategies that can be applied within the medium and longer term macro trends that are mapped out in our strategy updates. 

Our methodology fuses global market variables and isolates drivers in trends. We specialize in FX, index trade in NY and Asia with a focus on Asian stocks. 

Technical Analysis

<p>We touted adding to Korean long exposure for a break above the 330 resistance which unfolded yesterday. We are already heavily weighting the Kospi index to the tune of 300 basis points from the 212 level and have loaded up in stocks like SEC, Hanmi Science, SK Telecom, SK Holdings and Hyundai Heavy. We recently added Naver and Samsung SDI. With HK on shaky footing near term and Japan due for a minor stall, Korea is taking the baton and will carry equity strength.</p><p>Today, we look at bullish…</p>

We touted adding to Korean long exposure for a break above the 330 resistance which unfolded yesterday. We are already heavily weighting the Kospi index to the tune of 300 basis points from the 212 level and have loaded up in stocks like SEC, Hanmi Science, SK Telecom, SK Holdings and Hyundai Heavy. We recently added Naver and Samsung SDI. With HK on shaky footing near term and Japan due for a minor stall, Korea is taking the baton and will carry equity strength.Today, we look at bullish…

South Korea

SK Telecom Co., Ltd. is a Korean mobile and telecommunications operator. The Company provides cellular voice, wireless data, and wireless internet services. SK Telecom also offers fixed line services and platform services.

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SK Telecom (017670 KS)

Korea Stock Market Monthly Recap #20 (November 2017)

In November, there was continued sector rotation in Korea, with investors selling some of the market leading IT names and buying healthcare, media...

Douglas Kim

21 Things Worth Knowing (#10)

In Today's IssueA Corruption convention, chicken nuggets, rampant growth of corporate market power, Turkish airport passenger growth, reducing...

Mark Artherton

Complications of Chey Tae-Won's Potential Divorce & SK Group's Furious Pace of M&As & Restructurings

This report is broken down into two parts. First, we discuss the ramifications of SK Group Chairman Chey Tae-Won seeking a divorce from his wife....

Douglas Kim

Korea Stock Market Monthly Recap #19 - (October 2017)

In October, there was a massive rotation into the consumer sector, and the sector ETF was up 14.4% during the month. Since the last week of...

Douglas Kim

Loading up in Korean Stocks

We touted adding to Korean long exposure for a break above the 330 resistance which unfolded yesterday. We are already heavily weighting the Kospi...

Thomas Schroeder

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