Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Thematic (Sector/Industry)

The top three reports that we wrote in March which generated the highest number of views were as follows:<ul>
<li><a href="https://www.smartkarma.com/insights/spotify-direct-public-listing-preview-part-1" target="_blank" data-smartkarma-citation="insights:18183">Spotify Direct Public Listing Preview (Part 1)</a></li>
<li><a href="https://www.smartkarma.com/insights/5g-music" target="_blank" data-smartkarma-citation="insights:18239">5G + Music = $$$</a></li>
<li>
<a href="https://www.smartkarma.com/insights/a-historic-meeting-between-trump-and-kim-jong-un" target="_blank" data-smartkarma-citation="insights:18373">A Historic Meeting Between Trump and Kim Jong-Un</a>   </li>
</ul>In March 2018, our model stock portfolio was up 8.9% versus KOSPI which was up 0.8% during the same period. Cash represented 30% of our model portfolio. The best performing stocks in our portfolio in March included Carelabs, Shinheung SEC, and Amore Pacific Corp. The worst…

The top three reports that we wrote in March which generated the highest number of views were as follows:
Spotify Direct Public Listing Preview (Part 1)
5G + Music = $$$

A Historic Meeting Between Trump and Kim Jong-Un   
In March 2018, our model stock portfolio was up 8.9% versus KOSPI which was up 0.8% during the same period. Cash represented 30% of our model portfolio. The best performing stocks in our portfolio in March included Carelabs, Shinheung SEC, and Amore Pacific Corp. The worst…

Korea Stock Market Monthly Recap #23 (March 2018)

Asia Pac ECM and Index Rebal, Shenton Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Quantitative Analysis

<ul>
<li>We analyzed the changes in foreign holdings of KRX stocks as of May 8th. The aggregated holding was USD1,577.8bn.</li>
<li>We estimate that foreign flows to be inflows of USD196mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.</li>
<li>We highlight changes of foreign holdings in Samsung Electronics, Samsung Elec (PREF), SKSQUARE, SK Hynix, LS ELECTRIC.</li>
</ul>


We analyzed the changes in foreign holdings of KRX stocks as of May 8th. The aggregated holding was USD1,577.8bn.
We estimate that foreign flows to be inflows of USD196mln. We tabulate the league table for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.
We highlight changes of foreign holdings in Samsung Electronics, Samsung Elec (PREF), SKSQUARE, SK Hynix, LS ELECTRIC.


KRX Foreign Holding Weekly (May 8th): Samsung Electronics, Samsung Elec (PREF), SKSQUARE, SK Hynix

<ul><li>We highlight 25 Korean companies that are seeking to find new owners through M&amp;A in 2018. Key sectors of M&amp;A in Korea in 2018 include consumer, financials, and industrial. Our analysis is based on the publicly available information. Of the 25 companies, 10 are publicly listed companies and the remaining companies are private companies or business units of public companies. </li><li>The top five Korean companies up for sale in 2018 (in terms of size) include ADT Caps, Daewoo E&amp;C, Coway, Dongsuh F&amp;B, and CJ Healthcare. </li><li>In 2018, there could be a greater interest from the Chinese companies in the Korean M&amp;A market, which could help to accelerate some of the M&amp;A activities of the companies listed below. In 2017, many Chinese companies avoided acquiring Korean companies due to the political pressure from the Chinese government arising from the THAAD conflict</li></ul>

We highlight 25 Korean companies that are seeking to find new owners through M&amp;A in 2018. Key sectors of M&amp;A in Korea in 2018 include consumer, financials, and industrial. Our analysis is based on the publicly available information. Of the 25 companies, 10 are publicly listed companies and the remaining companies are private companies or business units of public companies. The top five Korean companies up for sale in 2018 (in terms of size) include ADT Caps, Daewoo E&amp;C, Coway, Dongsuh F&amp;B, and CJ Healthcare. In 2018, there could be a greater interest from the Chinese companies in the Korean M&amp;A market, which could help to accelerate some of the M&amp;A activities of the companies listed below. In 2017, many Chinese companies avoided acquiring Korean companies due to the political pressure from the Chinese government arising from the THAAD conflict

<ul>
<li>We analysed the earning revision of component stocks of MS-South Korea in the past month.</li>
<li>We tabulated stocks with the top impact on index's EPS, stocks' EPS revision, and revenue revision.</li>
<li>We highlighted EPS revision on KEPCO, SKSQUARE, SK Innovation, Samsung SDI, KAL, Samsung Electronics, SK Hynix.</li>
</ul>


We analysed the earning revision of component stocks of MS-South Korea in the past month.
We tabulated stocks with the top impact on index's EPS, stocks' EPS revision, and revenue revision.
We highlighted EPS revision on KEPCO, SKSQUARE, SK Innovation, Samsung SDI, KAL, Samsung Electronics, SK Hynix.


MS-South Korea Index Earning Revision (Apr): KEPCO, SKSQUARE, SK Innovation, Samsung SDI, KAL

Technical Analyst, Vermilion Research

Joe Jasper

Technical Analyst

Technical and Quantitative Research

Vermilion Research

Vermilion’s objective is to deliver timely, actionable, and unique technical research to professional investors through the application of our various technical indicators.

Our research strategists seek to highlight securities which we believe are at major inflection points, based on our various technical and quantitative indicators, and offer asymmetric risk/return profiles. Our unique research methodology, centered on relative strength, enables our strategists to deliver superior investment recommendations.

Our process begins by organizing the universe of actively traded stocks into discrete sectors, then into industry groups. We then apply our technical and quantitative tools to identify developing price trends. Once attractive trends are identified within a selected sector or group, we screen for individual stocks which we believe offer the best risk/reward profile. We provide a historical perspective that often reveals, through our long-term charts, how price patterns often repeat themselves over time.

Technical Analysis

Korea Stock Exchange Kospi Index / Technical Analysis

Korea Stock Exchange Kospi Index (KOSPI INDEX)

The two-month pullback in Korea KOSPI has created buying opportunities. In fact, this recent weakness is largely confined to auto and financial stocks, masking strength in other segments, such as tech and materials, where bullish inflections are visible.  In this report we highlight a variety of actionable investment themes.

The two-month pullback in Korea KOSPI has created buying opportunities. In fact, this recent weakness is largely confined to auto and financial stocks, masking strength in other segments, such as tech and materials, where bullish inflections are visible.  In this report we highlight a variety of actionable investment themes.

South Korea

KB Financial Group Inc. (the "Company"), in accordance with Financial Holding Companies Act, was established on September 29, 2008, through stock transfer with the former shareholders of its subsidiaries including Kookmin Bank in order to provide management services and financing to associated companies. The headquarters are located at Seoul, Korea

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

KB Financial ADR (KB US)

Korea Stock Market Monthly Recap #23 (March 2018)

The top three reports that we wrote in March which generated the highest number of views were as follows: Spotify Direct Public Listing Preview...

Douglas Kim

KRX Foreign Holding Weekly (May 8th): Samsung Electronics, Samsung Elec (PREF), SKSQUARE, SK Hynix

We analyzed KRX foreign holding data for the past week and highlighted foreign holding changes in Samsung Electronics, Samsung Elec (PREF),...

Ke Yan, CFA, FRM

2018 Korea M&A Preview: What's For Sale?

We highlight 25 Korean companies that are seeking to find new owners through M&A in 2018. Key sectors of M&A in Korea in 2018...

Douglas Kim

MS-South Korea Index Earning Revision (Apr): KEPCO, SKSQUARE, SK Innovation, Samsung SDI, KAL

We analyzed MS-South Korea's consensus for Apr 2026 and highlighted changes of EPS in KEPCO, SKSQUARE, SK Innovation, Samsung SDI, KAL, Samsung...

Ke Yan, CFA, FRM

Pullback Opportunity in South Korea

The two-month pullback in Korea KOSPI has created buying opportunities. In fact, this recent weakness is largely confined to auto and financial...

Vermilion Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)