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

KOSPI Size Index Series Rebalancing Screening Results

KRX K-New Deal Rebalancing: Latest Weight/Flow Update & LG Chem's Complete Deletion

KRX K-New Deal Rebalancing Announcement: Updated Weight Adjustments & Passive Flows

KRX BBIG Rebalancing Results & Passive Impact Estimations: Watch Douzone Bizon

Gravity Works As WeWork Doesn't; Now Plan B

Clepsydra Capital

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

Event-Driven

<p>Starting this year, KRX will rebalance the KOSPI size index series (LargeCap, MidCap, and SmallCap) twice a year. Until last year, it was done once a year in March (the option expiration date). <span>However, from this year, the rebalancing is done twice a year, in March and September.</span></p><div class="content-highlight"><ul>
<li><strong>The screening method is simple and clear. It is based on the 3-month average daily market cap.</strong></li>
<li><strong>LargeCap includes 1st to 100th, and MidCap takes 101st to 300th.</strong></li>
<li><strong>The screening base date is the last trading day of February and August. So, this September rebalancing review period is June 1 to August 31.</strong></li>
</ul></div><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/227/642/original/Screen+Shot+2021-09-02+at+10.06.47+PM.png?1630634901" class="editor-image img-responsive" data-smartkarma-image-id="227642"></figure></section>

Starting this year, KRX will rebalance the KOSPI size index series (LargeCap, MidCap, and SmallCap) twice a year. Until last year, it was done once a year in March (the option expiration date). However, from this year, the rebalancing is done twice a year, in March and September.
The screening method is simple and clear. It is based on the 3-month average daily market cap.
LargeCap includes 1st to 100th, and MidCap takes 101st to 300th.
The screening base date is the last trading day of February and August. So, this September rebalancing review period is June 1 to August 31.


KOSPI LargeCap & MidCap Rebalancing Preview on September 9