Only SK Hynix and Samsung Electro-Mechanics are smiling... What to do with stocks that collapsed due to deepening concentration? / Can we chase semiconductor substrate stocks? | CEO Lee Kwon-hee

Summary

Market concentration is extreme, with only SK Hynix and Samsung Electro-Mechanics advancing while most stocks fall. CEO Lee Kwon-hee predicts crude oil will decline to the $60s, which could ease rate-hawk fears. He cautions against chasing Samsung Electro-Mechanics at 80x valuations and recommends buying Korean semiconductor front-end equipment leaders like Wonik IPS, PSK, and Eugene Technology, while monitoring Techin for a breakout.

• Extreme concentration leaves SK Hynix and Samsung Electro-Mechanics as the only notable gainers; most other stocks are selling off.
• Fed’s hawkish dot plot and rate-increase fears are weighing on cyclicals, renewables, and broader KOSDAQ.
• Lee Kwon-hee argues oil will drop to the $60s within one to three months, citing historical patterns, trader hype, and Chinese demand behavior.
• Samsung Electro-Mechanics is now near 80x earnings, making chase-risk high; Lee advises holders to start considering an exit.
• Semiconductor front-end equipment makers (Wonik IPS, PSK, Eugene Technology) have broken out technically on strong capacity-expansion backdrops; pullbacks are seen as buying opportunities.
• Back-end equipment name Techin has started supplying SK Hynix and is building a higher low base, though resistance near 70,000 KRW must be cleared.
• Renewable energy stocks like CS Wind and Hanwha Solutions are under pressure from higher rate expectations, though CS Wind may find a floor around 43,000 KRW.