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>For the impending December rebalancing, the effective date is set for December 18th, while the ETF rebalancing trading will take place on December 15th.</li>
<li>Jusung Engineering and Eugene Technology are likely to be added, while Lake Materials and SFA Semicon are expected to exit the index.</li>
<li>Aside from constituent changes, Hansol Chemical is anticipated to significantly benefit from the passive impact as the primary beneficiary of the ceiling reversion.</li>
</ul>


For the impending December rebalancing, the effective date is set for December 18th, while the ETF rebalancing trading will take place on December 15th.
Jusung Engineering and Eugene Technology are likely to be added, while Lake Materials and SFA Semicon are expected to exit the index.
Aside from constituent changes, Hansol Chemical is anticipated to significantly benefit from the passive impact as the primary beneficiary of the ceiling reversion.


Another Hidden Passive Flow Trading Opportunity Is Captured in Korea: SOL Semicon ETF December Rebal

<ul>
<li>LX Semicon and Tokai Carbon Korea will be excluded, and these two positions will be filled by Eo Technics and either HPSP or ISC Co Ltd.</li>
<li>The effective date is October 16th, and the rebalancing trading by the TIGER ETF occurs towards the closing (likely to start around 2 p.m.) on Friday, October 13th.</li>
<li>The practical setup would entail an EO Technics-TCK Long Short pair. For a more aggressive strategy, we could explore the inclusion of HPSP in this setup.</li>
</ul>


LX Semicon and Tokai Carbon Korea will be excluded, and these two positions will be filled by Eo Technics and either HPSP or ISC Co Ltd.
The effective date is October 16th, and the rebalancing trading by the TIGER ETF occurs towards the closing (likely to start around 2 p.m.) on Friday, October 13th.
The practical setup would entail an EO Technics-TCK Long Short pair. For a more aggressive strategy, we could explore the inclusion of HPSP in this setup.


Long Short Flow Trading Opportunity: TIGER Semicon Top 10 ETF Rebalancing Next Friday

<ul>
<li>The Korean local sector ETF with the fastest growing AUM is TIGER Fn Semiconductor Top 10 ETF, whose AUM has increased more than twice over the past two months.</li>
<li>HPSP (403870 KS) will replace Tokai Carbon Korea (064760 KS) by a comfortable margin in the upcoming review in October.</li>
<li>From a day trading perspective, this presents a significant Long-Short opportunity. Considering the relatively sizeable passive impact size, setting an entry point more aggressively may not be a bad idea.</li>
</ul>


The Korean local sector ETF with the fastest growing AUM is TIGER Fn Semiconductor Top 10 ETF, whose AUM has increased more than twice over the past two months.
HPSP (403870 KS) will replace Tokai Carbon Korea (064760 KS) by a comfortable margin in the upcoming review in October.
From a day trading perspective, this presents a significant Long-Short opportunity. Considering the relatively sizeable passive impact size, setting an entry point more aggressively may not be a bad idea.


A Long Short Trading Event Likely to Have a High Hit Rate: HPSP & TCK

South Korea

Mirae Asset TIGER Fn Semiconductor TOP 10 ETF is an exchange-traded fund incorproated in South Korea. The objective of the fund is to provide investment return that corresponds closely to the performance of the FnGuide Semiconductor TOP10 Index.

Mirae Asset TIGER Fn Semiconductor Top 10 ETF (396500 KS)

Mirae Asset TIGER Fn Semiconductor Top 10 ETF

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Mirae Asset TIGER Fn Semiconductor Top 10 ETF (396500 KS)

Another Hidden Passive Flow Trading Opportunity Is Captured in Korea: SOL Semicon ETF December Rebal

This post highlights another concealed passive flow trading opportunity in Korea, expected to be unveiled by the SOL Semiconductor Materials &...

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Long Short Flow Trading Opportunity: TIGER Semicon Top 10 ETF Rebalancing Next Friday

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A Long Short Trading Event Likely to Have a High Hit Rate: HPSP & TCK

This post examines the upcoming rebalancing of the TIGER Fn Semiconductor TOP 10 ETF and discovers a Long Short trading event likely to have a high...

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