00:02three numbers before the open 1.5 trillion won 3 trillion won and zero as in almost nobody's
00:10buying this Kospi Shinsege is moving to raise up to 3 trillion won for its Amman's hold project
00:16KB, NH and Samsung Securities have already lined up a 1.5 trillion won project financing package
00:23meanwhile foreign investors institutions and retail traders have all been net sellers of
00:29Kospi this month nobody wants this market right now but somebody wants this real estate deal badly
00:36it's Monday September 7th here's what investors are watching in Korea today Shinsege's fundraising
00:43is one of the largest project financing packages in the sector this year the Kospi weakness comes
00:49as all three major investor groups pulled back simultaneously here's what the numbers show
00:553 trillion won is the maximum Shinsege is seeking to raise for the Amman Seoul project
01:00KB, NH and Samsung Securities structured an initial 1.5 trillion won project financing tranche for the
01:08deal Kospi has now gone three straight weeks without a black candle Korean traders term for a rising
01:15session foreign institutional and individual investors were all net sellers on the index this
01:21month so what does this mean for market watchers positioning around Korea earlier we said almost
01:27nobody's buying this Kospi here's what that actually means for you with all three investor groups pulling
01:33back at once near-term index direction has fewer natural buyers to lean on even as large-scale project
01:39financing deals like Shinsege's still find takers that split between weak index flows and strong project
01:46level financing is worth tracking heading into next week three things to watch first whether Shinsege's
01:54fundraising closes at the full 3 trillion won target second whether foreign investors return as net buyers
02:00after three weak weeks third upcoming pre-sale competition rates as a read on real estate demand
02:07versus stock market sentiment that's today's AI prism securities daily this episode was produced with AI
02:14assistance based on Seoul economic daily reporting and reviewed by a human editor AI prism is a one ifra
02:22award-winning series we'll be back tomorrow
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