Daily BriefsTMT/Internet

TMT: NCSOFT Corp, Xiaomi Corp and more

In today’s briefing:

  • NCsoft: A Strong Turnaround Play in Korean Game Sector
  • Weekly Wrap – 20 May 2022

NCsoft: A Strong Turnaround Play in Korean Game Sector

By Douglas Kim

  • Amid recent market carnage, one of the strong turnaround stocks in Korea is NCSOFT Corp (036570 KS) which is down 54% from its highs in February 2021.
  • Three major reasons why NCsoft’s share price will turnaround include attractive valuations, better control of labor costs, and strong pipeline of new games. 
  • Short sale value/market cap ratio for NCsoft has declined materially in the past several weeks, reflecting increased optimism in the company’s future prospects. 

Weekly Wrap – 20 May 2022

By Charles Macgregor

Lucror Analytics Weekly Wraps provide an overview of all Morning Views comments and reports published by our analyst team in the past week, and also showcase a list of the most-read reports.

In this Insight:

  1. China Jinmao Holdings
  2. Guangzhou R&F Properties
  3. Sunac China Holdings
  4. Greenland Hong Kong Holdings
  5. Evergrande

and more…


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