Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

What Fadu’s Q1 Return to Profit, Disclosed Today, Means for Its Passive Flow Dynamics

Why Fadu and Taihan Missed Out on KQ150 Inclusion

Clarifying the KRX’s Handling of the Fadu Situation

KOSDAQ Active ETFs’ Massive Retail Flows & June 150 Rebalance Angle

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

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

Index Rebalance

<ul>
<li>KRX indicates inclusion of Fadu in June KOSDAQ 150 review, with prior overhang cleared and no financial or administrative risk this cycle.</li>
<li>FnGuide says MKF500 inclusion depends on earnings as the key driver while legal overhang is fading and 1Q print is critical.</li>
<li>KOSDAQ 150 inclusion looks priced in, MKF500 depends on 1Q profit, and local flows already front running passive story.</li>
</ul>


KRX indicates inclusion of Fadu in June KOSDAQ 150 review, with prior overhang cleared and no financial or administrative risk this cycle.
FnGuide says MKF500 inclusion depends on earnings as the key driver while legal overhang is fading and 1Q print is critical.
KOSDAQ 150 inclusion looks priced in, MKF500 depends on 1Q profit, and local flows already front running passive story.


Sharing Feedback Received from KRX and FnGuide on Fadu’s Passive Inclusion Story