In today’s briefing:
- Kakao Pay: MSCI Will Likely to Continue to Treat Alipay as a Strategic Investor
Kakao Pay: MSCI Will Likely to Continue to Treat Alipay as a Strategic Investor
- In our view, MSCI will likely to continue to treat Alipay as a strategic investor in Kakao Pay (377300 KS).
- This will likely result in a failed inclusion of Kakao Pay in the next round of MSCI Korea Index rebalance.
- We also make a comparison to Kakao Pay-Alipay with another block sale involving Kakao Games Corp (293490 KS) and Netmarble Corporation (251270 KS).
Before it’s here, it’s on Smartkarma
