LG Energy Solution Watchlist
LG Energy Passive Flow from Overseas ETFs: Global X Lithium & Battery (LIT)
Equity Capital Markets
364 Views, 03 Jan 2022 17:26
- Given the AUM of the Global X Lithium Battery ETF (ticker: LIT), the potential passive impact on LG Energy and LG Chem should be worthy of our careful attention.
- If LIT revises its methodology, the timing to include LG Energy is expected to be the April rebalancing.
- LG Energy will have a 2-3% index weight, welcoming a passive inflow of ₩130-200B (0.2-0.3% of SO). In contrast, ₩232.1B from LIT will likely escape LG Chem, 0.5% of SO.