Korea / Special Situations, Clepsydra Capital

Sanghyun Park

I investigate special situations in Korea.

Korea / Special Situations

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

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

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

Korea / Special Sits, Pairs, Index Rebalancing

Clepsydra Capital

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

Index Rebalance

<ul>
<li>Fadu and Taihan failed KOSDAQ 150 qualitative screen likely due to extreme price move, despite no listing eligibility issues and only warning status.</li>
<li>Sungho and multiple names flagged, but only Fadu and Taihan were cut; likely driven by KRX discretion and ETF desk flow feedback.</li>
<li>Market did not price in Fadu and Taihan exclusion, so near term impact is material. KRX discretion looks inconsistent versus Sungho, likely driving flow distortion and higher volatility next week.</li>
</ul>


Fadu and Taihan failed KOSDAQ 150 qualitative screen likely due to extreme price move, despite no listing eligibility issues and only warning status.
Sungho and multiple names flagged, but only Fadu and Taihan were cut; likely driven by KRX discretion and ETF desk flow feedback.
Market did not price in Fadu and Taihan exclusion, so near term impact is material. KRX discretion looks inconsistent versus Sungho, likely driving flow distortion and higher volatility next week.


Why Fadu and Taihan Missed Out on KQ150 Inclusion