Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

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Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

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

Event-Driven

<ul>
<li>Street sees end-August print with Solidigm tie in; total around 70 trillion won, mix buyback plus special dividend, staged from 4Q with multi year buyback and FCF linked quarterly payouts.</li>
<li>Near term narrative weak; immediate shareholder return signal unlikely. Faster Solidigm timeline could signal urgency on peak out risk and reinforce concerns rather than remove them.</li>
<li>Tactical setup; if stock catches a bid, play the pop, monetize relief, and rotate out rather than chase strength.</li>
</ul>


Street sees end-August print with Solidigm tie in; total around 70 trillion won, mix buyback plus special dividend, staged from 4Q with multi year buyback and FCF linked quarterly payouts.
Near term narrative weak; immediate shareholder return signal unlikely. Faster Solidigm timeline could signal urgency on peak out risk and reinforce concerns rather than remove them.
Tactical setup; if stock catches a bid, play the pop, monetize relief, and rotate out rather than chase strength.


Latest Read on Hynix Shareholder Return and Solidigm Since Last Friday’s Filings

SK Hynix

Latest Read on Hynix Shareholder Return and Solidigm Since Last Friday’s Filings