In today’s briefing:
- [Quiddity Index Jan25] KOSPI 200 Leaderboard Jun25: Up to 6 Changes Possible
- Shift Up IPO Lockup – US$1.2bn Lockup Release of Strategic, Employees and IPO Investors

[Quiddity Index Jan25] KOSPI 200 Leaderboard Jun25: Up to 6 Changes Possible
- KOSPI 200 is a Korean blue-chip index that tracks the 200 largest and most-liquid names listed in the KOSPI section of the Korea Exchange (KRX).
- In this insight, we take a look at the names leading the race to become ADDs and DELs during the upcoming semiannual review in June 2025.
- We expect six ADDs and six DELs for the KOSPI 200 index during this index rebal event based on the latest available data.
Shift Up IPO Lockup – US$1.2bn Lockup Release of Strategic, Employees and IPO Investors
- Shift Up (462870 KS) raised around US$320m in its South Korean IPO, after pricing at the top. Around US$1.2bn worth of shares will be released from their lockup soon.
- Shift Up is a South Korean games developer, which as released three games so far for the global markets.
- In this note, we will talk about the lockup dynamics and possible placement.
