[Featured Stock] Shinhan Financial Group weak early in trading over Lotte Non-Life Insurance acquisition
High impactPredicted impact: High· Actual: −0.6% vs sector, volume 1.2× normal (5 trading days)
Lotte Non-Life acquisition is large versus Shinhan's market value; already reported across items.
Knock-on:Hana Financial GroupMoves with SHINHAN (corr 0.84); moved with SHINHAN on 17 of its 17 biggest daysKB Financial GroupMoves with SHINHAN (corr 0.82); moved with SHINHAN on 16 of its 17 biggest daysWoori Financial GroupMoves with SHINHAN (corr 0.77); moved with SHINHAN on 16 of its 17 biggest days