Daily BriefsSouth Korea

Daily Brief South Korea: Iljin Hysolus, Young Poong and more

In today’s briefing:

  • An Update on the Potential KOSPI 200 Rebalance Candidates in June 2025
  • Young Poong: Announces Cancellation of Entire Treasury Shares and 10:1 Stock Split


An Update on the Potential KOSPI 200 Rebalance Candidates in June 2025

By Douglas Kim

  • We discuss the potential KOSPI 200 rebalance candidates in June 2025. In recent years, there have been some alpha generating stocks arising from the KOSPI 200 rebalances.
  • We include eight companies as potential inclusion candidates including LG CNS,  HD Hyundai Marine Solution, Shift Up, and Hanwha Engine.
  • The top 5 potential deletion candidates for KOSPI 200 rebalance in June 2025 include Iljin Hysolus, Hansae, Foosung, Sam A Aluminum, and TKG Huchems.  

Young Poong: Announces Cancellation of Entire Treasury Shares and 10:1 Stock Split

By Douglas Kim

  • On 10 March, Young Poong (000670 KS) announced that it plans to cancel all of its treasury shares and conduct a 10-to-1 stock split.
  • Driven by the treasury shares cancellation and stock split, Young Poong’s share price rose 8.9% to 489,000 won today (10 March 2025). 
  • Our updated NAV of Young Poong suggests NAV per share of 834,064 per share, representing a 71% upside from current levels.

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