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Sanghyun Park

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

Event-Driven

<ul>
<li>With the screening period over (May 3-31), Shinhan IN/Celltrion OUT is virtually a foregone conclusion.</li>
<li>We should consider an individually-hedged approach, instead of a plain long/short, with a tightly moving-together peer, preferably on a single-day trading window.</li>
<li>I suggest using KB Financial and Celltrion Healthcare as hedges of LONG &amp; SHORT for Shinhan and Celltrion, respectively.</li>
</ul>


With the screening period over (May 3-31), Shinhan IN/Celltrion OUT is virtually a foregone conclusion.
We should consider an individually-hedged approach, instead of a plain long/short, with a tightly moving-together peer, preferably on a single-day trading window.
I suggest using KB Financial and Celltrion Healthcare as hedges of LONG &amp; SHORT for Shinhan and Celltrion, respectively.


FnGuide Top 10 Rebalancing: How We Trade Shinhan IN/Celltrion OUT

Celltrion Inc

FnGuide Top 10 Rebalancing: How We Trade Shinhan IN/Celltrion OUT