Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

June Rebalance Intel: Announcement Date & Key Names for KOSPI 200 & KOSDAQ 150

My Take on June KS200, KQ150 & Value-Up Index Rebal

KOSPI 200 Tactical Outlook After Index Rebalancing

Play the Timing Sweet Spot Between KOSPI 200 Rebal and Short Selling Coming Back into Play

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

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

Index Rebalance

<ul>
<li>One local desk misread the KOSPI 200 rules, thinking one screen was enough — but it’s a strict two-step filter, and that led to three wrong delete calls.</li>
<li>KRX will drop the rebalance list post-close on May 21 or 22, and despite well-telegraphed outcomes, strong next-day price action has followed in past cycles.</li>
<li>Consider a pre-announcement long/short basket trade, as this is the first rebalance post-short-selling resumption. NXT’s rising market share also creates opportunities in overnight-daytime price spreads.</li>
</ul>


One local desk misread the KOSPI 200 rules, thinking one screen was enough — but it’s a strict two-step filter, and that led to three wrong delete calls.
KRX will drop the rebalance list post-close on May 21 or 22, and despite well-telegraphed outcomes, strong next-day price action has followed in past cycles.
Consider a pre-announcement long/short basket trade, as this is the first rebalance post-short-selling resumption. NXT’s rising market share also creates opportunities in overnight-daytime price spreads.


Errors in Local Street's Projections for the KOSPI 200 Rebalancing

Han Kuk Carbon

Errors in Local Street's Projections for the KOSPI 200 Rebalancing