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 29th. The aggregated holding was USD1,610.8bn.</li>
<li>We estimate that foreign flows to be outflows of USD2,209mln. 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, SK Hynix, Mobis, Samsung Elec (PREF), Hyundai Motor.</li>
</ul>


We analyzed the changes in foreign holdings of KRX stocks as of May 29th. The aggregated holding was USD1,610.8bn.
We estimate that foreign flows to be outflows of USD2,209mln. 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, SK Hynix, Mobis, Samsung Elec (PREF), Hyundai Motor.


KRX Foreign Holding Weekly (May 29th): Samsung Electronics, SK Hynix, Mobis, Samsung Elec (PREF)

<ul>
<li>We analyzed the changes in foreign holdings of KRX stocks as of May 22nd. The aggregated holding was USD1,553.7bn.</li>
<li>We estimate that foreign flows to be outflows of USD10,868mln. 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, SK Hynix, Hyundai Motor, Mobis, LG Electronics.</li>
</ul>


We analyzed the changes in foreign holdings of KRX stocks as of May 22nd. The aggregated holding was USD1,553.7bn.
We estimate that foreign flows to be outflows of USD10,868mln. 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, SK Hynix, Hyundai Motor, Mobis, LG Electronics.


KRX Foreign Holding Weekly (May 22nd): Samsung Electronics, SK Hynix, Hyundai Motor, Mobis

<ul>
<li>We analyzed the changes in foreign holdings of KRX stocks as of May 15th. The aggregated holding was USD1,519.7bn.</li>
<li>We estimate that foreign flows to be outflows of USD12,134mln. 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, SK Hynix, Mobis, Hyundai Motor, Doosan Enerbility.</li>
</ul>


We analyzed the changes in foreign holdings of KRX stocks as of May 15th. The aggregated holding was USD1,519.7bn.
We estimate that foreign flows to be outflows of USD12,134mln. 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, SK Hynix, Mobis, Hyundai Motor, Doosan Enerbility.


KRX Foreign Holding Weekly (May 15th): Samsung Electronics, SK Hynix, Mobis, Hyundai Motor

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>Square's reclass probability next Friday still low, with consolidation accounting for Hynix as key gating item. Current portfolio depth insufficient, so timing remains pushed out despite long term semiconductor pivot.</li>
<li>Fadu likely MKF500 inclusion with ~KRW 700bn passive inflows. Profitability flip reduces exclusion risk, making eligibility case increasingly strong despite residual legal and watchlist overhang.</li>
<li>Street fully aware of MKF500 preview timing, driving front running and flow impact. Square reclass looks stretched, while Fadu inclusion is the cleaner high conviction setup.</li>
</ul>


Square's reclass probability next Friday still low, with consolidation accounting for Hynix as key gating item. Current portfolio depth insufficient, so timing remains pushed out despite long term semiconductor pivot.
Fadu likely MKF500 inclusion with ~KRW 700bn passive inflows. Profitability flip reduces exclusion risk, making eligibility case increasingly strong despite residual legal and watchlist overhang.
Street fully aware of MKF500 preview timing, driving front running and flow impact. Square reclass looks stretched, while Fadu inclusion is the cleaner high conviction setup.


Pre Trading Setup into FnGuide MKF500 Rebalance on the 22nd, Fadu and SK Square in Focus

<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

South Korea

SK Square Co., Ltd. operates as an investment company. The Company invests in semiconductors, information and communications technologies, and other industries. SK Square conducts businesses in South Korea.

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SK Square (402340 KS)

KRX Foreign Holding Weekly (May 29th): Samsung Electronics, SK Hynix, Mobis, Samsung Elec (PREF)

We analyzed KRX foreign holding data for the past week and highlighted foreign holding changes in Samsung Electronics, SK Hynix, Mobis, Samsung...

Ke Yan, CFA, FRM

KRX Foreign Holding Weekly (May 22nd): Samsung Electronics, SK Hynix, Hyundai Motor, Mobis

We analyzed KRX foreign holding data for the past week and highlighted foreign holding changes in Samsung Electronics, SK Hynix, Hyundai Motor,...

Ke Yan, CFA, FRM

KRX Foreign Holding Weekly (May 15th): Samsung Electronics, SK Hynix, Mobis, Hyundai Motor

We analyzed KRX foreign holding data for the past week and highlighted foreign holding changes in Samsung Electronics, SK Hynix, Mobis, Hyundai...

Ke Yan, CFA, FRM

Pre Trading Setup into FnGuide MKF500 Rebalance on the 22nd, Fadu and SK Square in Focus

This post looks into the pre trading setup into FnGuide MKF500 rebalance on the 22nd of this month, with Fadu and SK Square in focus

Sanghyun Park

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

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52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)