Daily BriefsSouth Korea

Daily Brief South Korea: Samchully and more

In today’s briefing:

  • Misunderstandings & Truth About Samchully & Daesung Holdings Entering KOSPI 200

Misunderstandings & Truth About Samchully & Daesung Holdings Entering KOSPI 200

By Sanghyun Park

  • Hankyung’s report is a clear misunderstanding under the current index methodology. The possibility of Samchully and Daesung Holdings’ KOSPI 200 inclusion is NONE.
  • However, the issue of deteriorating the market representation of the K200 index, which is caused by the top stocks outside the index, is gaining attention in the local financial space.
  • So, we should prepare for the possibility that KRX will revise the methodology. In this case, an intense preemptive flow for the top names outside the KOSPI 200 can appear.

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