Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Highest Daily Cases of COVID-19 in Korea Driven by the Delta Variant - Impact on the Stock Market

Cross Asset Strategy

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<h2>Conclusions First</h2>
This is a follow-up to my report <a href="https://www.smartkarma.com/insights/the-spars-pandemic-scenario-vs-covid-19" target="_blank" data-smartkarma-citation="insights:50306" rel="noopener">The SPARS Pandemic Scenario Vs COVID-19</a>. This report digs the details on the deaths related to COVID-19 vaccinations as well as the COVID-19 related deaths in South Korea. 
From March 3rd to April 17th, there were 188 people in Korea who died due to COVID-19 related complications. During the same period, 56 people died after taking the COVID-19 vaccinations. However, keep in mind that the government has repeatedly mentioned the lack of direct evidence that would suggest any causality between the 56 dead people and COVID-19 vaccinations. 
Nonetheless, because of so many people dying in Korea after taking the COVID-19 vaccinations, there have been an increasing amount of concerns about the safety of these vaccines. Plus, the marketing push on these COVID-19 vaccines is that they provide 90%+ greater protection from the COVID-19 virus. 
However, for the people in Korea that are aged 59 years or less (without any vaccinations), the death rate (in terms of total number of deaths/total number of people confirmed with the virus) is already very low at 0.1%. In other words, the survival rate for this people in this age group is 99.9%. Given this survival rate, does the COVID-19 vaccine really provide a 90%+ greater protection on this 99.9% rate for people in this age group?
Time will tell but in the first two months of COVID-19 vaccinations in Korea, many people looking at this data closely would suggest that if there are some causal relations between the 56 people who died after the COVID-19 vaccinations, then there could be some greater skepticism on the exact effectiveness of the COVID-19 vaccines. 
Why is this important? This is very important since if there are increasing concerns around the world about the safety of these vaccines, then fewer people would be willing to take these vaccines. If the market increasingly takes on this kind of scenario, then this could raise a greater amount of uncertainty since the scenario of the accelerated COVID-19 vaccines becoming the final weapon to crush this virus would decline. 
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Conclusions First
This is a follow-up to my report The SPARS Pandemic Scenario Vs COVID-19. This report digs the details on the deaths related to COVID-19 vaccinations as well as the COVID-19 related deaths in South Korea. 
From March 3rd to April 17th, there were 188 people in Korea who died due to COVID-19 related complications. During the same period, 56 people died after taking the COVID-19 vaccinations. However, keep in mind that the government has repeatedly mentioned the lack of direct evidence that would suggest any causality between the 56 dead people and COVID-19 vaccinations. 
Nonetheless, because of so many people dying in Korea after taking the COVID-19 vaccinations, there have been an increasing amount of concerns about the safety of these vaccines. Plus, the marketing push on these COVID-19 vaccines is that they provide 90%+ greater protection from the COVID-19 virus. 
However, for the people in Korea that are aged 59 years or less (without any vaccinations), the death rate (in terms of total number of deaths/total number of people confirmed with the virus) is already very low at 0.1%. In other words, the survival rate for this people in this age group is 99.9%. Given this survival rate, does the COVID-19 vaccine really provide a 90%+ greater protection on this 99.9% rate for people in this age group?
Time will tell but in the first two months of COVID-19 vaccinations in Korea, many people looking at this data closely would suggest that if there are some causal relations between the 56 people who died after the COVID-19 vaccinations, then there could be some greater skepticism on the exact effectiveness of the COVID-19 vaccines. 
Why is this important? This is very important since if there are increasing concerns around the world about the safety of these vaccines, then fewer people would be willing to take these vaccines. If the market increasingly takes on this kind of scenario, then this could raise a greater amount of uncertainty since the scenario of the accelerated COVID-19 vaccines becoming the final weapon to crush this virus would decline. 


COVID-19 Vaccinations in Korea: Digging the Details