Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

Investigating the Size and Timing of Korea's Local Dividend Arbitrage Traders' Position Liquidation

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

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

Event-Driven

<ul>
<li>Investors buying on February ex-dates, perhaps due to the Value-up factor, led to a successful strategy for local managers: buying before ex-date and selling at close, yielding positive results.</li>
<li>On March 19th, Kia Corp (000270 KS) diverged from February's pattern. Notably, FINANCIAL INVESTMENT sold heavily on Kia's ex-date, a deviation from their quiet February activity.</li>
<li>FINANCIAL INVESTMENT's trend of liquidating positions held since last quarter, especially for dividends, gains momentum as March ends, possibly overshadowing February's Value-up factor.</li>
</ul>


Investors buying on February ex-dates, perhaps due to the Value-up factor, led to a successful strategy for local managers: buying before ex-date and selling at close, yielding positive results.
On March 19th, Kia Corp (000270 KS) diverged from February's pattern. Notably, FINANCIAL INVESTMENT sold heavily on Kia's ex-date, a deviation from their quiet February activity.
FINANCIAL INVESTMENT's trend of liquidating positions held since last quarter, especially for dividends, gains momentum as March ends, possibly overshadowing February's Value-up factor.


Noteworthy Price Movements Associated with 1Q Ex-Dates Trading Setups

Samsung Card Co

Noteworthy Price Movements Associated with 1Q Ex-Dates Trading Setups