Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

Korea's Dividend Narrative Is Back: Unpacking the DP's New Bill and Its Backstory

A Hidden Trading Angle from Dividend Tax Reform: Tax Timing Creates Dividend Trap Risks

Korea Local Banks: New Dividend Tax Effectively Locks in a De Facto Minimum Yield Play

Tax Pivot in Play: Ruling Party Rethink Could Flip Market Narrative

60 Stocks Screened by Tax Draft Setup — Short-Term Policy Flow Targets

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

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

Event-Driven

Korea Stock Exchange Kospi Index / Event-Driven

Korea Stock Exchange Kospi Index (KOSPI INDEX)

<ul>
<li>Even the revised draft is facing possible first-ever presidential non-approval, which acts like a de facto veto between Cabinet approval and National Assembly submission.</li>
<li>The admin aims to make stocks outperform real estate, with a dividend tax cut under separate taxation as the key lever, fully recognized by the Presidential Office.</li>
<li>Local markets are pulling back on Presidential Office delays, but signals point to a clear reform direction — time to build mid-term positions in banks and holdcos.</li>
</ul>


Even the revised draft is facing possible first-ever presidential non-approval, which acts like a de facto veto between Cabinet approval and National Assembly submission.
The admin aims to make stocks outperform real estate, with a dividend tax cut under separate taxation as the key lever, fully recognized by the Presidential Office.
Local markets are pulling back on Presidential Office delays, but signals point to a clear reform direction — time to build mid-term positions in banks and holdcos.


Real-Time Read on Korea’s Top Market Narrative — Tax Reform Play