Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

A Hidden Trading Angle from Dividend Tax Reform: Tax Timing Creates Dividend Trap Risks

Korea Local Banks: New Dividend Tax Effectively Locks in a De Facto Minimum Yield Play

Real-Time Read on Korea’s Top Market Narrative — Tax Reform Play

Tax Pivot in Play: Ruling Party Rethink Could Flip Market Narrative

Two New Tax Tweaks Set to Shake Up Korea’s Local Stock Market: Trading Tax & CGT Threshold

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

Investigate special situations, pairs, and index rebalancing trades in Korea.

Event-Driven

<ul>
<li>Revisions to the draft are almost certain, but near-term flows will still trade off the current framework—so screening now helps front-run likely winners before the final version lands.</li>
<li>Out of 386 stocks with FY1/FY2 consensus data, 60 names screen in based on FY2: payout ≥40% or ≥25% with DPS up 5%+ vs. 3Y avg.</li>
<li>This tax reform will still drive near-term KOSPI flow—these screened names are core policy plays worth building setups around.</li>
</ul>


Revisions to the draft are almost certain, but near-term flows will still trade off the current framework—so screening now helps front-run likely winners before the final version lands.
Out of 386 stocks with FY1/FY2 consensus data, 60 names screen in based on FY2: payout ≥40% or ≥25% with DPS up 5%+ vs. 3Y avg.
This tax reform will still drive near-term KOSPI flow—these screened names are core policy plays worth building setups around.


60 Stocks Screened by Tax Draft Setup — Short-Term Policy Flow Targets

KT&G Corporation

60 Stocks Screened by Tax Draft Setup — Short-Term Policy Flow Targets