Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Korea ETF Market Size Breakdown from a Flow Trading Perspective

Backtesting Implications: Korea Sector ETFs Rebalancing on the 8th

Assessing the Korea NPS-Originated Flow Trends and Allocation Breakdown

KRX Autos (KODEX ETF) Rebalancing: Watch Iljin HySolus, Halla Holdings, & DTR Automotive

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Clepsydra Capital

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

Event-Driven

<ul>
<li>The correlation and sensitivity between passive flow and price impact have been significantly high for adds/deletes. So, we need a basket-trade setup focusing on potential adds/deletes.</li>
<li>We will see 12 changes for Semicon and 6 for Autos. Bank won't present any change.</li>
<li>
<strong>SK Square</strong> and <strong>Iljin Hysolus</strong> are the most prominent names to join the KRX Sector Indices this time. They will have a passive impact of 2.03x and 3.97x ADTVs, respectively.</li>
</ul>


The correlation and sensitivity between passive flow and price impact have been significantly high for adds/deletes. So, we need a basket-trade setup focusing on potential adds/deletes.
We will see 12 changes for Semicon and 6 for Autos. Bank won't present any change.

SK Square and Iljin Hysolus are the most prominent names to join the KRX Sector Indices this time. They will have a passive impact of 2.03x and 3.97x ADTVs, respectively.


Introducing KRX Sector Indices: SK Square & Iljin Hysolus Deserve Attention for Rebalancing