Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Government Pressures Korean Instant Noodles & Flour Makers to Lower Prices

Potential Inclusions & Exclusions in KOSPI 200 Rebalance in May 2023

HDC Holdings Goes Activist on Samyang Foods

KOSPI 200 Rebalance in December Highlighted by Locals

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Event-Driven

<ul>
<li>On 20 February, KRX announced that effective 13 April 2023, Samyang Foods will be included in the KOSPI 200 index and Hyundai Greenfood will be excluded.</li>
<li>We have a positive view on Samyang Foods and we believe this stock will outperform KOSPI leading into the week of KOSPI 200 inclusion (13 April). </li>
<li>We think that expectation will play a bigger role and some investors may choose to buy this stock ahead of the actual inclusion date.</li>
</ul>


On 20 February, KRX announced that effective 13 April 2023, Samyang Foods will be included in the KOSPI 200 index and Hyundai Greenfood will be excluded.
We have a positive view on Samyang Foods and we believe this stock will outperform KOSPI leading into the week of KOSPI 200 inclusion (13 April). 
We think that expectation will play a bigger role and some investors may choose to buy this stock ahead of the actual inclusion date.


Samyang Foods: KOSPI 200 Inclusion & Improving Fundamentals