Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

Why Fadu and Taihan Missed Out on KQ150 Inclusion

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

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

Event-Driven

<ul>
<li>Square's reclass probability next Friday still low, with consolidation accounting for Hynix as key gating item. Current portfolio depth insufficient, so timing remains pushed out despite long term semiconductor pivot.</li>
<li>Fadu likely MKF500 inclusion with ~KRW 700bn passive inflows. Profitability flip reduces exclusion risk, making eligibility case increasingly strong despite residual legal and watchlist overhang.</li>
<li>Street fully aware of MKF500 preview timing, driving front running and flow impact. Square reclass looks stretched, while Fadu inclusion is the cleaner high conviction setup.</li>
</ul>


Square's reclass probability next Friday still low, with consolidation accounting for Hynix as key gating item. Current portfolio depth insufficient, so timing remains pushed out despite long term semiconductor pivot.
Fadu likely MKF500 inclusion with ~KRW 700bn passive inflows. Profitability flip reduces exclusion risk, making eligibility case increasingly strong despite residual legal and watchlist overhang.
Street fully aware of MKF500 preview timing, driving front running and flow impact. Square reclass looks stretched, while Fadu inclusion is the cleaner high conviction setup.


Pre Trading Setup into FnGuide MKF500 Rebalance on the 22nd, Fadu and SK Square in Focus