Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

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

Event-Driven

<ul>
<li>Near to mid term, the key Square vs. Hynix proxy watch is ETF inclusion—but FnGuide and KRX semis ETFs are structurally off-limits without a sector re-tag.</li>
<li>That leaves TIGER Korea Top 10 and KODEX Top 5 Plus—free-float, mkt-cap ETFs—where Square’s top-10 rank and 67% float turn inclusion from theoretical to tradable.</li>
<li>TIGER Top 10 is pure float-cap top 10; KODEX Top 5 Plus prioritizes float-cap top 5. Square ranks 4th, qualifying for both, with rebalance at June 10 close.</li>
</ul>


Near to mid term, the key Square vs. Hynix proxy watch is ETF inclusion—but FnGuide and KRX semis ETFs are structurally off-limits without a sector re-tag.
That leaves TIGER Korea Top 10 and KODEX Top 5 Plus—free-float, mkt-cap ETFs—where Square’s top-10 rank and 67% float turn inclusion from theoretical to tradable.
TIGER Top 10 is pure float-cap top 10; KODEX Top 5 Plus prioritizes float-cap top 5. Square ranks 4th, qualifying for both, with rebalance at June 10 close.


Square Now Top-5 by Float Mkt Cap, Passive Flows in Focus into June 10

SK Square

Square Now Top-5 by Float Mkt Cap, Passive Flows in Focus into June 10