CreatripTeam

MSCI’s upcoming regular rebalance is likely to trigger another major shift in the Korean stock market as passive global funds readjust holdings. Emerging beauty-tech firm APR—driven by hits like the Mediheal(?) device AGE-R—is a strong candidate for inclusion, reflecting investors’ appetite for high-growth tech-oriented K-beauty. In contrast, long-standing snack maker Orion (famous for Choco Pie) faces possible exclusion as its market cap lags behind fast-growing sectors like semiconductors, bio, and beauty tech. Because many large institutional funds track MSCI passively, inclusion brings strong buying pressure while exclusion prompts selling, making this a significant liquidity-driven event. MSCI will announce reviews mid-November with changes effective late November, and market participants are already reacting with increased volatility and analyst reports. The rebalance may mark a symbolic “generation change” in Korea’s industry landscape as global capital favors innovation-driven companies over traditional consumer and manufacturing names.