News Snapshot:
In today’s briefing: - Kakao Bank: Passive Supply/Demand Situation & Profit Realization Timing - Krafton IPO Trading – Relatively Weaker Demand and Uncertainty Surrounding MSCI Inclusion - Devyani International IPO: Subscribed 116.7x, Poised for Big Gains on Debut - Aptus Value Housing Finance IPO – Valuation Is Too Rich, Especially with an Over-Capitalised Book - Pre-IPO Lepu Scientech Medical Technology – High Gross Margin Does Not Mean High Moat Before it’s here, it’s on Smartkarma