In today’s briefing:
- Schedule Info for Front-Running Korea Sector ETF Rebalancing Trades
- POSCO Holdings Is Selling Nippon Steel Shares Worth 468 Billion Won
- DN Solutions Pre-IPO – The Negatives – Stagnant Volumes
Schedule Info for Front-Running Korea Sector ETF Rebalancing Trades
- Demand for less crowded rebalancing plays is rising, making off-the-radar flows more critical. A structured timeline is key to tracking and managing these setups efficiently.
- Key ETFs to watch are local sector names with solid AUM—about 20 names. But the trading approach isn’t one-size-fits-all.
- Stick to the schedule, track potential flow setups, and front-run by securing rebalance details early and positioning ahead of the crowd.
POSCO Holdings Is Selling Nippon Steel Shares Worth 468 Billion Won
- On 19 March, POSCO Holdings (005490 KS) announced that it is selling its stake in Nippon Steel Corporation (5401 JP) worth nearly 468 billion won (US$320 million).
- POSCO Holdings’ sale of nearly US$320 million worth of Nippon Steel would be about 1.3% of its market cap.
- POSCO Holdings’ sale of its stake in Nippon Steel is a positive move for POSCO Holdings as the company is continuing to execute its strategy of selling off non-core assets.
DN Solutions Pre-IPO – The Negatives – Stagnant Volumes
- DN Solutions (298440 KS) (DNS) aims to raise around US$1.1bn in its Korea IPO via selling a mix of primary and secondary shares.
- DNS is engaged in the manufacture and sale of machine tools and the business of automation solutions and services related thereto.
- In this note, we talk about the not-so-positive aspects of the deal.
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