August 10 Closing Market Conditions: Samsung and SK Hynix Take a Break, Funds Rush to KOSDAQ... After a 7% Surge, When Is the Real Buying Opportunity? | Hong Seon-ae, Lee Kwon-hee, Kim Jang-yeol

[August 10 Closing Market Conditions] Samjeonnix takes a break, money rushes to KOSDAQ… After a 7% surge, when is the real buying timing? | Hong Seonae, Lee Gwonhui, Kim Jangyeol [Closing Bell Live]

Watch on YouTube ↗ | August 10, 2026 at 08:21 | 1:08:54 | 3PRO TV (삼프로TV)

Speakers

Lee Kwon-hee — CEO, Economist

Kim Jang-yeol — Reporter, The Bell

Hong Seon-ae — Host

Summary

The KOSDAQ index surged nearly 7% to 854 as funds rotated out of Samsung and SK hynix into small caps, fueled by easing rate hike fears and sector diversification. Experts recommend buying KOSDAQ on dips via ETFs and highlight specific stocks like Alteogen, HD Hyundai Heavy, Sanil Electric, and Lumentum, while advising investors to watch Samsung and SK hynix for upcoming Nvidia earnings and shareholder return catalysts.

KOSDAQ index surged nearly 7% to 854, rallying 200 points in August on rotation out of Samsung and SK hynix.
Easing rate hike fears and government policy support drove sector rotation, with foreign buying in KOSDAQ and leveraged ETF inflows.
Samsung Electronics and SK hynix are in a holding pattern; major catalysts seen in Nvidia earnings (Aug 26) and anticipated SK hynix shareholder return of 100 trillion won.
Alteogen led KOSDAQ biotech rally driven by strong earnings, BlackRock stake, and short covering.
HD Hyundai Heavy Industries gained on a 956 billion won data center engine order.
Sanil Electric, a specialty transformer maker, surged 17% and remains attractively valued at 18x P/E given order growth and margin expansion.
Securities stocks (Kiwoom, NH, Korea Investment) are attempting a trend reversal after steep declines; Q3 earnings outlook is positive.
Lee Kwon-hee recommends Lumentum over Korean optical stocks for optical transceiver exposure.

Ideas

Kim Jang-yeol Reporter, The Bell 10:37

Watch memory stocks for Nvidia catalyst.

Samsung Electronics and SK hynix are taking a breather as money rotates to KOSDAQ, but two major catalysts loom: Nvidia's earnings on August 26 will reset AI demand expectations, and SK hynix is expected to announce a substantial shareholder return (up to 100 trillion won, with 40% buyback) within Q3. Current severe underperformance versus Micron (-16% vs. +25%) suggests large catch-up potential when money flow resumes. Watch for these events.

Lee Kwon-hee CEO, Economist 12:31

BlackRock stake and short squeeze lift Alteogen.

Alteogen, the largest KOSDAQ stock, reported strong earnings, secured a technology export deal, and attracted BlackRock as a major shareholder with over 5% stake. The stock is breaking out of a long trading range amid significant short covering, suggesting further upside.

Lee Kwon-hee CEO, Economist 30:15

Data center engine order lifts shipbuilder.

HD Hyundai Heavy Industries won a substantial data center engine order worth 956 billion won, reinforcing its exposure to AI-driven data center demand. The shipbuilding sector remains strong, and this order fueled over 5% gain, signaling continued momentum.

Lee Kwon-hee CEO, Economist 31:41

Battery stocks poised for Q3 rebound.

Secondary battery stocks reported decent Q2 earnings overall, and Q3 expectations are building. Samsung SDI lagged early but rallied nearly 5% late, and material names like L&F also moved, indicating a tradeable bounce is underway.

Lee Kwon-hee CEO, Economist 32:07

Securities stocks rebounding from oversold levels.

Korean securities stocks have fallen sharply back to early May levels, erasing the SpaceX-driven overvaluation. Q3 earnings are expected to remain strong, and stocks like Kiwoom Securities, NH Investment & Securities, and Korea Investment Holdings are attempting trend reversals, with Kiwoom jumping nearly 7-8% today, suggesting a bottoming process.

Lee Kwon-hee CEO, Economist 44:03

Lumentum is a better optical play.

Korean optical communication stocks lack clear benefit from U.S.-China restrictions. A purer and more reliable play on optical transceivers is Lumentum, which has higher earnings growth rates than Nvidia and has pulled back significantly, offering strong rebound potential ahead of earnings.

Lee Kwon-hee CEO, Economist 65:17

Buy KOSDAQ on dips via ETFs.

KOSDAQ has surged 30% from its July low, driven by sector rotation, easing rate hike fears, government policy support, and leveraged ETF inflows. The trend remains positive, but overbought conditions warrant buying on pullbacks. Use KOSDAQ 200 ETF or leveraged products for exposure.

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This 3PRO TV (삼프로TV) video, published August 10, 2026, features Kim Jang-yeol, Lee Kwon-hee discussing 005930.KS, 000660.KS, 196170.KQ, 329180.KS, 006400.KS, 066970.KS, 005940.KS, 071050.KS, LITE, KOSDAQ Index, 069500.KS. 7 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Kim Jang-yeol, Lee Kwon-hee · Tickers: 005930.KS, 000660.KS, 196170.KQ, 329180.KS, 006400.KS, 066970.KS, 005940.KS, 071050.KS, LITE, KOSDAQ Index, 069500.KS